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The suburb’s capital gain of -5.88% for the past year is lower than average compared to its 33.33% growth within a five-year period.
Also in LAMBTON, the median home price is sitting at $640,000, and the average rent at $450, this suggests property owners could potentially earn a 3.66% increase in gross rental yield.
Property investors have seen a -3.03% drop in LAMBTON based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.11% growth over a ten-year period. It ranks 1220th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $640,000 | $460,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.03% | -4.16% |
| Median 12 month | -5.88% | -5.54% |
| Median 3 years | 5.35% | 9% |
| Median 5 years | 33.33% | 23.99% |
| 10 years average annual | 6.11% | 8.14% |
| Weekly media advert. rent | $450 | $360 |
| Time on Market | 66.9 days | 68.8 days |
| Gross Rental Yield Percent | 3.66% | 4.07% |
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