Suburb Profile Report for Lambton NSW (2299)

Lambton House: Median price $625,000, Annual capital growth 6.44%, Number of sales 74, Weekly median advertised rent $420

Lambton Unit: Median price $420,000, Annual capital growth 7.84%, Number of sales 18, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 6.38% which means that Lambton, 2299 has done well for property investors by showing a capital gain of 15.74% over the last year

Lambton,2299 has offered an average of 15.74% return per annum in house price rises to property investors over the last three years.

Lambton, 2299 is offering NSW ‘s 422th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

Situated 114.06km from the CBD, Lambton is one of Newcastle localities in the postcode 2299.

Over the last year, property investments in Lambton, 2299 have given investors a capital gain of 9.09%. This compares favourably with the 5.59% for NSW as a whole.

Lambton,2299 has offered an average of 9.09% return per annum in house price rises to property investors over the last three years.

Lambton2299 is located in NSW which offers an average discount of -4.45% to property investors. Lambton itself is showing figures that indicate -4.24% is the average achievable by property buyers investing in the suburb.

At number 294 in a list of fastest selling suburbs, Lambton is in the TOP 20% of suburbs in Australia with an average of days on market 54.1 for properties listed there.

HOUSE UNIT
$625,000 $420,000
7.67% 0.36%
15.74% 9.09%
6.44% 7.84%
$420 $350
74 18
3.49% 4.33%
46.63 54.1

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Lambton NSW
Demographics
Total population 5001
Median household income ($/weekly) 1141
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 670 13.4
    25-34 years 628 12.6
    35-44 years 708 14.2
    45-54 years 737 14.7
    55-64 years 529 10.6
    Others 1731 34.6
    Age Group
    Census Count Percent(%)
    Not Married 1738 46.3
    Registered Married 1679 44.7
    Defacto Relationship 340 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4147 86.7
    Germany 50 1.0
    Papua New Guinea 49 1.0
    United Kingdom 119 2.5
    Other 127 2.7
    Others 290 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 0.9
    Christianity 3504 75.0
    Hinduism 30 0.6
    Islam 43 0.9
    No Religion 1028 22.0
    Others 20 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 212 11.6
    $400-$599 203 11.1
    $600-$799 176 9.6
    $1,500-$1,999 218 11.9
    $2,000-$2,499 170 9.3
    Others 847 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1436 37.0
    Not in the labour force 1350 34.8
    Employed, worked part-time 806 20.8
    Employed, away from work 148 3.8
    Unemployed, looking for work 144 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 231 9.7
    Professionals 672 28.1
    Technicians & trades workers 305 12.8
    Clerical & administrative workers 370 15.5
    Sales 247 10.3
    Others 565 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 105 7.7
    Infants/Primary 476 34.7
    Secondary 314 22.9
    Technical or Further Educational Institution 126 9.2
    University or other Tertiary Institutions 327 23.9
    Others 22 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3931 82.5
    Semi-detached, row or terrace house, townhouse 532 11.2
    Flat, unit or apartment 263 5.5
    House or flat attached to a shop, office 41 0.9
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 735 37.5
    Being purchased 609 31.1
    Fully owned 606 30.9
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals