32 Collaroy road front facade property overview

$970K New Lambton Buy – Below Guide, No Bridging Loan, Big Upside

We helped a Novocastrian secure a future-proof New Lambton property for $970K, under the price guide and suburb median. No need for a bridging loan and room to add serious long-term equity.

Newcastle RegionBuyer's Agent

Project Snapshot

Property 2 bed, 2 bath,
Project Length 1 weeks
Purchase Price $970k
Price Guide $1M to $1,1M

Quick Snapshot

We secured a home in tightly held New Lambton for $970,000, well under its initial guide of $1M–$1.1M, and below the suburb median. The property was purchased fast, allowing for a smooth simultaneous settlement and helping the client avoid the cost and stress of bridging finance or interim renting. While marketed as a 2-bed, we identified it as an oversized 114sqm opportunity with unmatched views, perfect positioning, and strong long-term growth fundamentals.

Meet the Client

A Novocastrian looking to upgrade into a better suburb and secure a property with long-term upside. Their goal was clear: find a home with potential to create massive equity over time, and make the move seamlessly. They were upgrading their primary residence and needed strategic representation to execute a simultaneous settlement, avoiding both bridging loans and renting between moves.

The Challenge

  • The home was originally guided at $1,000,000–$1,100,000, in a suburb with strong capital growth, 14% over 3 years and 56.2% over 5 years.
  • Properties were moving quickly, and the market favoured vendors.
  • The layout and size were appealing, but some buyers were turned off by the price point combined with the cash required to add a 3rd bedroom and modernise parts of the home.
  • On top of that, our client needed to align the timing perfectly to avoid double-handling or financial risk.

What We Did

  • Early Market Tracking: Identified the opportunity early and moved fast, securing the property in a few days from 1st visit.

  • Strategic Floor Plan Analysis: While listed as a 2-bed, we recognised the 114sqm internal layout exceeded many 3-bedroom homes in the area, a hidden upside not factored into broader interest.

  • Negotiation Efficiency: The vendor was seeking a clean, fast, and stress-free deal. We positioned our client as the path of least resistance, negotiating at $970,000, impressing even the agent with how efficiently the deal was done.

  • Settlement Coordination: Managed a simultaneous settlement with the client’s sale, avoiding bridging loans and ensuring a clean handover without needing to rent in between.

The Result

  • Positioned in one of New Lambton's most desirable pockets, the client now owns a future-proof property with expansive city views, oversized layout, and walkable lifestyle amenities.

  • It’s a prime example of buying below perceived market value by seeing what others miss, and executing flawlessly.

  • Looking to buy smart and move seamlessly? Let’s make it happen.

Project Gallery

North Aspect OutdoorNewcastle Stadium aspectkitchen and Dining

"Joris found a gem in tightly held New Lambton and secured it in just 7 days for $970,000 — well under the $1M–$1.1M guide. He stopped us from overpaying, negotiated a clean, fast deal, and coordinated a seamless simultaneous settlement that saved us from bridging finance. Don’t walk, run to work with him!"

J., 2025