NSW has seen average median house prices change by 7.15% which means that Lambton, 2299 has done well for property investors by showing a capital gain of 14.35% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Lambton comes in at number 730th in NSW.
Property investors looking for a bargain in Lambton should be aiming for at least -6.33% off the asking price, which is the average vendor discount being achieved at the moment.
Over the last year, property investments in Lambton, 2299 have given investors a capital gain of 11.45%. This compares favourably with the 6.59% for NSW as a whole.
A 60.74% growth in median value for property investors in Lambton,2299 puts this suburb at number 39th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Lambton itself are offering an average vendor discount of -3.97% to real estate investors.
The NSW suburb of Lambton, 2299 is in the Newcastle local government area.