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1 MIN READCanberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
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LambtonLambton - SUBURB PROFILE REPORT
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The suburb’s capital gain of 9.81% for the past year is higher than average compared to its 32.07% growth within a five-year period.
Also in LAMBTON, the median home price is sitting at $733,000, and the average rent at $465, this suggests property owners could potentially earn a 3.3% increase in gross rental yield.
Property investors have seen a 0% gain in LAMBTON based on an increase 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 5.59% growth over a ten-year period. It ranks 1121st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $733,000 | $486,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -3.28% |
| Median 12 month | 9.81% | -0.18% |
| Median 3 years | 14.53% | -0.82% |
| Median 5 years | 32.07% | 26.23% |
| 10 years average annual | 5.59% | 5.39% |
| Weekly media advert. rent | $465 | $400 |
| Time on Market | 45.4 days | 79.3 days |
| Gross Rental Yield Percent | 3.3% | 4.28% |
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