Lambton is an average performer in NSW when comparing median price capital growth over the last year. Lambton gave property investors a average capital gain figure when compared to the rest of the state, with 10.25%.
Lambton,2299 was ranked 2584 in Australia by increase in median property value over the quarter.
Lambton, 2299 is offering NSW ‘s 316th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 6.35%, investors should hope to achieve an overall return of 3.45%
Property value increases in Lambton have tracked lower than the NSW average of 8.63% over the last 12 months.
Lambton,2299 was ranked 1168 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in Lambton itself are offering an average vendor discount of -4.38% to real estate investors.
Situated 55.45km from the CBD, Lambton is one of Newcastle localities in the postcode 2299.