At number 2646th in the list of Australian suburbs ordered by increase in median house value over the last year, North Lambton, 2299 is in the BOTTOM 40% with a property value increase of 3.03% recorded in median house prices.
The five-year average increase in median property values for North Lambton,2299 has given property investors a potential capital gain of 41.37% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in North Lambton itself are offering an average vendor discount of -5.32% to real estate investors.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.87%, without taking into account capital value appreciation, which has been averaging out at 6.53%.