Giving property investors a a solid capital gain of 14.48% for the last year, Lambton, 2299 is the 715th highest performer in Australia in this respect.
Lambton,2299 has offered an average of 14.48% return per annum in house price rises to property investors over the last three years.
The most recent median price for Lambton is $632500, with sellers offering an average of -5.54% off the asking price.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.74%, investors should hope to achieve an overall return of 3.45%
If you compare the increase in value of investment property in Lambton, 2299 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.08%.
Over the longer term, Lambton has seen property prices show investors a 1.11% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lambton, 2299. Typically our figures indicate that -4.66% is being offered, which puts this NSW suburb at 853th most discounted overall in Australia.
At number 792 in a list of fastest selling suburbs, Lambton is just in the bottom half of suburbs in Australia with an average of days on market 80.26 for properties listed there.
Lambton, 2299’s gross rental yield is 5.57%