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AREA REPORTS

New Lambton

Suburb Profile

New Lambton - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2305

house
unit

Property investors enjoyed capital gains of 0.62% over the last 12 months in NEW LAMBTON, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in NEW LAMBTON are low, as opposed to average gains per annum over the past five years.

The suburb posted a 14.51% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $470 based on current median home prices for the suburb.

On average, rents on listings have reached the $470 mark, reflecting a 3.35% increase in returns based on the current median price in NEW LAMBTON.

NEW LAMBTON, 2305 ranks 924th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 499th on the list of best yielding suburbs for rental properties in NSW, posting a 3.35% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $730,000 $442,500
GROWTH REPORT
Median Quarterly -0.68% 3.81%
Median 12 month 0.62% -2.21%
Median 3 years 14.51% 6.63%
Median 5 years 32.73% 21.23%
10 years average annual 7.21% 4.51%
Weekly media advert. rent $470 $347.5
Time on Market 63.3 days 78.1 days
Gross Rental Yield Percent 3.35% 4.08%
demographics (median values)
Total Population
9234
Weekly Household Income
923.9
Household Size
2.30
demographics
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