Property value increases in New Lambton have tracked close to the NSW average of 8.99% over the last 12 months.
Across a shorter period, New Lambton, 2305 has seen a median price increase of 4.39% over the last quarter.
Property buyers and investors in New Lambton 2305 should be seeing an average reduction in asking price of around -4.42% . This means that New Lambton is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 14.33 sales per month, which equates to 172 per year.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
NSW has seen average median house prices change by 8.14% which means that New Lambton, 2305 has done well for property investors by showing a capital gain of -2.15% over the last year
Across a shorter period, New Lambton, 2305 has seen a median price increase of -0.64% over the last quarter.
Our latest figures would indicate that property sellers in New Lambton are currently offering property investors an average price cut of -1.58% below the asking price at the moment.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.