2/59 Florida Avenue New Lambton NSW 2305

3 / 1 / 1 / 375 m2

Here you can find what you need to know about 2/59 Florida Avenue , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about New Lambton, NSW and much more.

Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305
Property photo of 2/59 Florida Avenue New Lambton NSW 2305

Property Insights

2/59 Florida Avenue Estimated Value

$584,000 - $672,000

Note: In a recent product update, Property Value has introduced some changes to the valuation model in which the Estimated Value is generated. This model reflects improvements to the underlying data following a major investment in additional data sources and improvements in the overall scope of CoreLogic data assets. This new model has since affected a property's previous Estimated Value and Estimated Values given prior to the product update may no longer be comparable due to the differing model methodology.

How do we calculate the Estimated Value?
Estimated Values or Automated Value Models (AVMs) are calculated using many different types of property and local market data. No one piece of information or factor alone will determine a property's value. Instead, CoreLogic AVMs use a broad range of data elements, including:
  • Property identifying information including address and/or assessor's parcel number and owner name
  • Prior sales of the property
  • Living area/square metres floor space
  • Year built
  • Number of bedrooms
  • Number of bathrooms
  • Lot size
  • Public record information collected from state and council records, such as deed transfers
  • Recent sales and listings of similar properties in the local market area
  • Area pricing trends
High confidence estimate
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Last sold for $300,000 on 01/06/2009

Sale Type: Unknown

Mortgage
Repayment
$490 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 1
Car Spaces 1
Land Size 375 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Newcastle
Year Built n/a
Zone Residential
Lot/Plan 2/SP64037 New Lambton NSW
Property Type House

Appealing Family Home with Private Tropical Backyard
This property provides an amazing opportunity to enter this ever popular suburb. Enjoy the breezes and views from the elevated position, and relax in your own backyard tropical oasis!

This property comes with a Strata title but with no strata fees. Individually looked after properties.

The 3 bedroom home boasts a separate study, large living area, quaint kitchen and walk-in pantry, dining area, tiled bathroom, floor ducted air conditioning, private timber deck, and garage with amazing workshop/storage under the home.

Close to several well-regarded schools including New Lambton Public School and Lambton High School, the University Callaghan Campus, John Hunter Hospital, major shopping centres and nearby cafes, while being an easy drive from Newcastle's CBD.

The features of this home are as follows:
- 3 Bedrooms
- 1 Bathroom
- 2 Toilets
- Study/Guest Room
- Lounge Room
- Kitchen with Walk-in Pantry
- Dining Area
- Laundry
- Floor Ducted Air Conditioning
- Garage
- Workshop/Storage
- Close to Newcastle University, Shops, Schools and Transport
- 375msq block

Potential Rent - $470 per week.
Land Rates - $414 per quarter.
Water Rates - $233 base rate + usage per third.

This property offers a fantastic opportunity to purchase a home in one of our regions most popular suburbs.

A contract for sale and pest and building inspection reports are available for your information.

Property Timeline

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Latest Auction Results for New Lambton as at 16 February 2020

Property Details
Sale Price
4Bed / 3Bath / -Car / House
-
4Bed / 2Bath / -Car / House
-

State Auction Clearance Rates -  

Auctions Clearance rate

Suburb Insights

New Lambton, NSW 2305

No data available Part of: Newcastle Council

Get neighbourhood info and insights with our Suburb Profile

View New Lambton Suburb Profile View properties in New Lambton

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 2/59 Florida Avenue, including the property sale history and estimated market value as well as insights into Florida Avenue and New Lambton 2/59 Florida Avenue New Lambton NSW 2305