Suburb Profile Report for Lambton NSW (2299)

Lambton House: Median price $632,500, Annual capital growth 6.74%, Number of sales 68, Weekly median advertised rent $420

Lambton Unit: Median price $343,000, Annual capital growth 2.46%, Number of sales 23, Weekly median advertised rent $368

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$632,500 $343,000
4.55% -7.30%
14.48% -11.08%
6.74% 2.46%
$420 $368
68 23
3.45% 5.57%
52.86 80.26

Source: CoreLogic

DSR Score for property investment : Good (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