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The suburb’s capital gain of -4% for the past year is lower than average compared to its 25.71% growth within a five-year period.
Also in LAMBTON, the median home price is sitting at $660,000, and the average rent at $450, this suggests property owners could potentially earn a 3.55% increase in gross rental yield.
Property investors have seen a 3.61% 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 5.72% growth over a ten-year period. It ranks 1356th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $660,000 | $464,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.61% | -0.85% |
| Median 12 month | -4% | -0.64% |
| Median 3 years | 5.6% | 32.59% |
| Median 5 years | 25.71% | 23.73% |
| 10 years average annual | 5.72% | 5.91% |
| Weekly media advert. rent | $450 | $385 |
| Time on Market | 66.6 days | 52.7 days |
| Gross Rental Yield Percent | 3.55% | 4.31% |
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