Property investors who have had real estate in Lambton, 2299 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.02%
A 43.02% growth in median value for property investors in Lambton,2299 puts this suburb at number 857th 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 -5.49% offered to property buyers. Sellers in Lambton itself are offering an average vendor discount of -5.54% to real estate investors.
Often selling an investment property can take time, and in Lambton the average time real estate has been on the market is 55.94 days.
With a capital gain of 9.09% for the last 12 months, Lambton, 2299 has performed for property investments than its average annual 4.55% property growth over the last 5 years.
Over the longer term, Lambton has seen property prices show investors a 26.33% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Lambton are currently offering property investors an average price cut of -5.18% below the asking price at the moment.
At number 417 in a list of fastest selling suburbs, Lambton is in the TOP 30% of suburbs in Australia with an average of days on market 60.58 for properties listed there.