At number 1976th in the list of Australian suburbs ordered by increase in median house value over the last year, New Lambton Heights, 2305 is in the top half with a property value increase of 7.31% recorded in median house prices.
Comparing New Lambton Heights,2305 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in New Lambton Heights should be aiming for at least -6.46% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Situated 112.98km from the CBD, New Lambton Heights is one of Newcastle localities in the postcode 2305.