Suburb Profile Report for New Lambton NSW (2305)

New Lambton House: Median price $682,500, Annual capital growth 6.48%, Number of sales 168, Weekly median advertised rent $450

New Lambton Unit: Median price $445,000, Annual capital growth 6.16%, Number of sales 53, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 14.71% for the last year, New Lambton, 2305 is the 924th highest performer in Australia in this respect.

Across a shorter period, New Lambton, 2305 has seen a median price increase of 4.04% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in New Lambton, 2305. Typically our figures indicate that -4.78% is being offered, which puts this NSW suburb at 2379th most discounted overall in Australia.

On average over the past year, suburb has had 14.00 sales per month, which equates to 168 per year.

Advertised rents are around the $450 mark per week – giving a return of 3.43% based on the median price in Suburb

New Lambton, 2305 ranked 111th in NSW when comparing growth in median property values or capital gain over the last 12 months. New Lambton is one of 3163 in our list for NSW

Taking the average capital gain, or increase in median house value, New Lambton,2305 has racked up an average of 16.80% over the period. This ranks it number 534th in the whole country for real estate investors looking at median house price increases.

At number 337th of NSW’s most discounted properties, New Lambton is in the TOP 30% of the state/territory when listing in order of most discounted to least.

At number 231 in a list of fastest selling suburbs, New Lambton is in the TOP 20% of suburbs in Australia with an average of days on market 44.17 for properties listed there.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 6.16%, investors should hope to achieve an overall return of 3.97%

Metrics i HOUSE UNIT
$682,500 $445,000
4.04% 1.60%
14.71% 16.80%
6.48% 6.16%
$450 $340
168 53
3.43% 3.97%
50.79 44.17

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 9758
Median household income ($/weekly) 1206
Median age of persons 39
Median housing loan repayment ($/monthly) 1814
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1298 13.3
    25-34 years 1123 11.5
    35-44 years 1486 15.2
    45-54 years 1357 13.9
    55-64 years 1059 10.9
    Others 3434 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 3336 46.5
    Not Married 3123 43.5
    Defacto Relationship 716 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 8239 88.9
    Indonesia 68 0.7
    Papua New Guinea 92 1.0
    United Kingdom 284 3.1
    Other 169 1.8
    Others 420 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 0.9
    Christianity 6713 74.6
    Hinduism 75 0.8
    Islam 47 0.5
    No Religion 2059 22.9
    Others 27 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 326 9.2
    $400-$599 403 11.4
    $600-$799 317 8.9
    $1,500-$1,999 427 12.0
    $2,000-$2,499 335 9.5
    Others 1736 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2898 38.7
    Not in the labour force 2560 34.2
    Employed, worked part-time 1529 20.4
    Employed, away from work 270 3.6
    Unemployed, looking for work 223 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 478 10.2
    Professionals 1327 28.3
    Technicians & trades workers 636 13.5
    Clerical & administrative workers 709 15.1
    Sales 475 10.1
    Others 1071 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 220 9.1
    Infants/Primary 914 37.7
    Secondary 537 22.2
    Technical or Further Educational Institution 203 8.4
    University or other Tertiary Institutions 492 20.3
    Others 57 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7895 86.7
    Flat, unit or apartment 664 7.3
    Semi-detached, row or terrace house, townhouse 535 5.9
    House or flat attached to a shop, office 14 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1386 36.5
    Being purchased 1295 34.1
    Rented 1093 28.8
    Other tenure type 19 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals