That is the opinion of Raine & Horne New Lambton's Brad Wallace, who has listed the "unique" property at 31 Hanley Street for sale.

A large, five-bedroom, Federation-style home that was built in the 1990s enjoys position on 7034 square metres of landscaped property. It has a creek running through the land with its own footbridge.

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It is accessed through a private driveway and the single-level house has multiple formal and informal living spaces, Caesarstone kitchen, two bathrooms, a return verandah with leafy outlook and triple lock-up garage.

"Properties like these very rarely pop up," Mr Wallace said.

"It is so tucked away, hidden at the end of the cul-de-sac and no one really knows it's there. Early interest has been from a lot of people who are looking for that extra space. They've grown up out of town and have settled in Newcastle but they want that extra bit more land to have for their kids."

It is being sold through expressions of interest. A price guide has not been set.

Viewings are by appointment only.