With a capital gain of 6.02% for the last 12 months, Lambton, 2299 has performed for property investments than its average annual 6.15% property growth over the last 5 years.
Lambton,2299 was ranked 804 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.92% to buyers in Lambton at the moment, which is less than average for the rest of NSW.
At number 997 in a list of fastest selling suburbs, Lambton is in the TOP 30% of suburbs in Australia with an average of days on market 59.06 for properties listed there.
With the median price for a house in Lambton being $572500 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 3.77%
Lambton, 2299 ranked 281th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lambton is one of 3162 in our list for NSW
The five-year average increase in median property values for Lambton,2299 has given property investors a potential capital gain of 53.88% across each of those five years.
At number 258th of NSW’s most discounted properties, Lambton is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
Situated 102.75km from the CBD, Lambton is one of Newcastle localities in the postcode 2299.