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New Lambton Heights
AREA REPORTS

New Lambton Heights

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

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Homeowners and real estate investors betting on NEW LAMBTON HEIGHTS, 2305 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.15%.

A steady increase in median property prices over a five-year period in the suburb translates to a 9.88% capital gain.

Property investors in NEW LAMBTON HEIGHTS enjoyed capital gains of 10.15% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $884,498.

Profits due to an upward trend in home prices there averaged 3.29% per annum over a 3-year period.

Home owners selling their properties and realtors in NEW LAMBTON HEIGHTS usually have to wait an average of 51.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $525 mark, reflecting a 3.09% increase in returns based on the current median price in NEW LAMBTON HEIGHTS.

NEW LAMBTON HEIGHTS, 2305 places 529th in Australia based on median property value growth during the quarter.

Data report can be found below

New Lambton Heights
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $884,498 N/A
GROWTH REPORT
Median Quarterly 6.57% N/A
Median 12 month 10.15% N/A
Median 3 years 9.88% N/A
Median 5 years 40.96% N/A
10 years average annual 5.24% N/A
Weekly media advert. rent $525 N/A
Time on Market 51.1 days N/A
Gross Rental Yield Percent 3.09% N/A
demographics (median values)*
Total Population
12506
Weekly Household Income
1581
Household Size
2.50
Age
40
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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