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%