Suburb Profile Report for North Lambton NSW (2299)

North Lambton House: Median price $494,500, Annual capital growth 5.43%, Number of sales 74, Weekly median advertised rent $380

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

  • House Report

Property value increases in North Lambton have tracked close to the NSW average of 6.87% over the last 12 months.

The five-year average increase in median property values for North Lambton,2299 has given property investors a potential capital gain of 42.92% across each of those five years.

Property buyers and investors in North Lambton 2299 should be seeing an average reduction in asking price of around -5.57% . This means that North Lambton is holding prices well when compared to other suburbs in NSW.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 5.43%.

HOUSE UNIT
$494,500 N/A
-0.10% N/A
7.50% N/A
5.43% N/A
$380 N/A
74 N/A
4.00% N/A
50.38 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 3114
Median household income ($/weekly) 1061
Median age of persons 32
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 282 9.1
    20-24 years 434 13.9
    25-34 years 524 16.8
    35-44 years 332 10.7
    45-54 years 351 11.3
    Others 1192 38.3
    Age Group
    Census Count Percent(%)
    Not Married 1231 51.9
    Registered Married 914 38.5
    Defacto Relationship 228 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2350 81.6
    Croatia 72 2.5
    Malta 42 1.5
    United Kingdom 57 2.0
    Other 93 3.2
    Others 265 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 69 2.5
    Christianity 1983 70.7
    Hinduism 15 0.5
    Islam 57 2.0
    No Religion 666 23.7
    Others 15 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 108 10.3
    $400-$599 124 11.8
    $600-$799 121 11.5
    $1,000-$1,249 93 8.8
    $1,500-$1,999 144 13.7
    Others 463 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 976 39.8
    Employed, worked full-time 821 33.5
    Employed, worked part-time 486 19.8
    Unemployed, looking for work 87 3.5
    Employed, away from work 81 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 351 25.3
    Technicians & trades workers 210 15.1
    Community & personal service workers 167 12.0
    Clerical & administrative workers 183 13.2
    Sales 132 9.5
    Others 345 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 46 4.9
    Infants/Primary 166 17.8
    Secondary 144 15.4
    Technical or Further Educational Institution 86 9.2
    University or other Tertiary Institutions 475 50.9
    Others 16 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2627 91.4
    Flat, unit or apartment 158 5.5
    Semi-detached, row or terrace house, townhouse 90 3.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 404 35.2
    Rented 384 33.4
    Being purchased 356 31.0
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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