Property investors enjoyed capital gains of 5.62% 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 27.52% 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 $460 based on current median home prices for the suburb.
On average, rents on listings have reached the $460 mark, reflecting a 3.44% increase in returns based on the current median price in NEW LAMBTON.
NEW LAMBTON, 2305 ranks 731st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 589th on the list of best yielding suburbs for rental properties in NSW, posting a 3.44% return.
Property investors have seen a 2.98% gain in NEW LAMBTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NEW LAMBTON, 2305 saw average growth in the long term.
NEW LAMBTON, 2305 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $432,500.
Profits due to an upward trend in home prices in NEW LAMBTON, 2305 averaged 5.63% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in NEW LAMBTON, 2305 is 4.21%.
An average of 4.08 real estate transactions take place per month in NEW LAMBTON which translates to 49 per annum.
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