AREA REPORTS

New Lambton Heights

 

 

NSW/
New lambton heights

Suburb Profile

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

house

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 26.4%.

A steady increase in median property prices over a five-year period in the suburb translates to a 28.46% capital gain.

Property investors in NEW LAMBTON HEIGHTS enjoyed capital gains of 26.4% 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 $790,000.

Profits due to an upward trend in home prices there averaged 9.49% 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 50.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $537.5 mark, reflecting a 3.54% increase in returns based on the current median price in NEW LAMBTON HEIGHTS.

NEW LAMBTON HEIGHTS, 2305 places 853rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $790,000 N/A
GROWTH REPORT
Median Quarterly -2.47% N/A
Median 12 month 26.4% N/A
Median 3 years 28.46% N/A
Median 5 years 38.6% N/A
10 years average annual 6.96% N/A
Weekly media advert. rent $537.5 N/A
Time on Market 50.3 days N/A
Gross Rental Yield Percent 3.54% N/A
demographics (median values)
Total Population
1791
Weekly Household Income
1795
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

NSW

The policies impacting property in the NSW state election

Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...

Why these suburbs are faring better than others as prices fall

New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...

Bill Shorten

New negative gearing modelling gets green light from property experts

Multiple industry body heads have accepted SQM’s updated modelling of what the property market could look like under Labor’s proposed ne...

Crowd

Key investor market slips away in last quarter

Analysis of recent ABS data has shown that the decline in overseas migration eased over the recent quarter, which is important for property....

Airbnb mobile application

ATO sets crackdown on missing tax dollars from Airbnb hosts

There is a significant amount of tax dollars that have gone missing through the Airbnb gig economy, as hosts are failing to report side inco...

Suburbs

Good yield needed to succeed in today’s market: Accountant

With a number of major property markets currently at a softening phase, experts encourage investors to reassess their strategies in order to...