Investment property in Lambton has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.89%
Comparing Lambton,2299 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Lambton is giving property investors an average Vendor Discount of around -5.17%. This puts suburb at number 537th in NSW when ranking the most discounted suburbs.
Residents and property investors in Lambton have been waiting around 46.98 days to sell a property.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
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 -10.39%.
Across a shorter period, Lambton, 2299 has seen a median price increase of -4.16% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Lambton is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 126th in terms of most discounted suburbs in NSW
With the median price for a house in Lambton being $345000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 5.58%