For Sale

2 Karoola Road, Lambton, NSW 2299

Guide $950,000

House

Type

Bedrooms

Bathrooms

Parkings

363 m²

Area

Published on Friday, October 23, 2026 ( See property details for 2 Karoola Road, Lambton, NSW 2299)

Guide $950,000

Steph Jordan Director & Licensed Sales Agent

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Demi McGinty Sales Associate

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile two-bedroom home on a corner block in Lambton offering excellent potential for renovation, extension, or future development, with convenient access to local amenities.

🏡 Property Highlights

Prime corner block with exciting future development potential (subject to council approval).
Two spacious bedrooms with a practical layout ideal for first-home buyers or investors.
Multiple parking options including a single garage and double carport for convenience.
Excellent location close to Lambton Village, local parks, schools, and major amenities.
Opportunity to move in, renovate, or explore potential extensions for added value.
Well-positioned in a popular suburb with easy access to beaches, CBD, and vibrant dining.

✨ Key Features

Garage
Outdoor Area
Built-in Robes
Open-Plan Living
Secure Parking
Water tank
Fully fenced
Pet-Friendly
Waterfront / Views
High energy efficiency

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2 Karoola Road

Lambton, NSW 2299

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Suburb and Property Insights of Lambton, NSW 2299

Lambton is a vibrant suburb renowned for its friendly community, lush green parks, and convenient access to local cafes, shops, and schools. Its central location offers easy connectivity to Newcastle’s beaches, CBD, and entertainment precincts. The area boasts excellent recreational facilities, including Lambton Park, making it ideal for families and outdoor enthusiasts. With a mix of character homes and potential development sites, Lambton presents a dynamic lifestyle with strong growth prospects.

Frequently Asked Questions

What are the options for future development or extensions on this corner block?

Future development or extensions are subject to council approval, and potential buyers should consult with local planning authorities for specific guidelines and possibilities.

Is the property suitable for renovation or refurbishment?

Yes, the property offers a practical layout and is well-suited for renovation or refurbishment to enhance its value and functionality.

What amenities are nearby?

The property is close to Lambton Village with cafes, shops, and essential services, as well as Lambton Park, local schools, sporting facilities, and major shopping centers.

Are there any restrictions or zoning considerations for this property?

The property is zoned for residential use, specifically for New Lambton Public School and Lambton High School zones. Buyers should verify any specific zoning or planning restrictions with local authorities.

What are the ongoing costs associated with the property?

Approximate annual council rates are $3,026, and water rates are approximately $992.61. Additional costs may include maintenance and potential renovation expenses.

What to ask about this property to agent?

Are there any existing planning or building restrictions that could affect future development on the corner block? Has the property been inspected for any structural issues or defects? Are there any easements, covenants, or zoning restrictions that could limit renovation or extension plans? Is there any history of flooding or bushfire risk in this area? Are there any upcoming council or community developments that could impact the neighbourhood or property value?

2 Karoola Road, Lambton, NSW 2299 - More Details

Guide $950,000

Positioned in the popular suburb of Lambton, this home presents an exciting opportunity for first-home buyers, investors or those looking to secure a property with plenty of potential. Set on a corner block, this two-bedroom home offers comfortable living, a practical layout and the chance to add your own personal touch over time.

Inside, the home features two bedrooms, a central bathroom and inviting living spaces ready to be made your own. The property is well equipped for parking, featuring a single garage complemented by a double carport, providing plenty of space for multiple vehicles, additional storage or the convenience of covered off-street parking for family and guests.

The corner block adds another layer of appeal, providing a sense of space and exciting possibilities for the future, subject to council approval. Whether you're looking to move straight in, renovate over time or explore the potential on offer, this is a property that provides a solid foundation for your next chapter.

Location is where Lambton truly shines. Enjoy the convenience of being close to Lambton Village, with its local cafés, shops and everyday essentials, while the much-loved Lambton Park offers open green spaces and recreational facilities nearby. Local schools, sporting amenities and major shopping destinations are all within easy reach, while Newcastle's beaches, CBD and vibrant dining scene are accessible for work, weekends and everything in between. Zoned for New Lambton Public School and Lambton High School.

Council rates - $3,026 Approx PA
Water rates - $992.61 Approx PA

Disclaimer:
While LM Property Co has taken all care preparing this advertisement and the information contained has been obtained from sources that we believe to be reliable, LM Property Co does not represent, warrant, or guarantee the accuracy, adequacy, or completeness of the information. LM Property Co accepts no liability for any loss or damage from reliance on this information.

Type: House
Bedrooms: 2
Bathrooms: 1
Parkings: 3
Area: 363 m²
House Size: 112 m²

Map & nearby places — 2 Karoola Road, Lambton, NSW 2299

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

We do not hold a school zone outline for this address. That does not mean it has no zoned school: use the education department’s school finder to check.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

St John's Primary School Catholic primary school, K-6, co-ed
St Columba's Primary School Catholic primary school, K-6, co-ed
Our Lady of Victories Primary School Catholic primary school, K-6, co-ed
St Francis Xavier's College Catholic secondary school, 7-12, co-ed
John Hunter Hospital School Government combined school
St Dominic's Catholic College Catholic combined school, co-ed

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Steph Jordan

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Demi McGinty

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2 Karoola Road, Lambton, NSW 2299

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