The landlord’s guide to tenancy databases
What are tenancy databases and why should you use them as a landlord? ...
The suburb’s capital gain of 8.23% for the past year is higher than average compared to its 30.28% growth within a five-year period.
Also in LAMBTON, the median home price is sitting at $703,500, and the average rent at $450, this suggests property owners could potentially earn a 3.33% increase in gross rental yield.
Property investors have seen a -0.21% 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 5.28% growth over a ten-year period. It ranks 1299th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $703,500 | $497,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.21% | 4.63% |
| Median 12 month | 8.23% | 3.55% |
| Median 3 years | 11.67% | 29.1% |
| Median 5 years | 30.28% | 30.79% |
| 10 years average annual | 5.28% | 6.34% |
| Weekly media advert. rent | $450 | $400 |
| Time on Market | 53.4 days | 82.0 days |
| Gross Rental Yield Percent | 3.33% | 4.19% |
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