The suburb’s capital gain of 2.02% for the past year is lower than average compared to its 46.51% growth within a five-year period.
Also in LAMBTON, the median home price is sitting at $630,000, and the average rent at $425, this suggests property owners could potentially earn a 3.51% increase in gross rental yield.
Property investors have seen a -0.79% 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 6.02% growth over a ten-year period. It ranks 1059th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.02%||-19%|
|Median 3 years||32.63%||-7.59%|
|Median 5 years||46.51%||4.92%|
|10 years average annual||6.02%||5.13%|
|Weekly media advert. rent||$425||$375|
|Time on Market||51.0 days||85.2 days|
|Gross Rental Yield Percent||3.51%||5.72%|