Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
New Lambton has 146 houses available for sale. The median property price for a house is currently 1,077,500 with annual capital growth of 1.65 . There were 151 house sales in the past 12 months. On average, houses spend 40 days on market.
If you're thinking about buying an investment property in New Lambton, consider that rental yields for houses are currently 3.33 with an average median rent of 650 weekly. Houses have seen 5.12 growth in the past quarter, and 1.65 growth in the past 12 months.
The size of New Lambton is approximately 5.5 square kilometres. It has 29 parks covering nearly 38.8% of total area. The population of New Lambton in 2011 was 9,758 people. By 2016 the population was 10,052 showing a population growth of 3.0% in the area during that time. The predominant age group in New Lambton is 40-49 years.
Households in New Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton work in a professional occupation. In 2011, 68.7% of the homes in New Lambton were owner-occupied compared with 68.1% in 2016.
New Lambton has 44 units available for sale. The median property price for a unit is currently 640,000 with annual capital growth of -0.54 . There were 47 unit sales in the past 12 months. On average, units spend 28 days on market.
If you're thinking about buying an investment property in New Lambton, consider that rental yields for units are currently 4.52 with an average median rent of 485 weekly. Units have seen 0.31 growth in the past quarter, and -0.54 growth in the past 12 months.
The size of New Lambton is approximately 5.5 square kilometres. It has 29 parks covering nearly 38.8% of total area. The population of New Lambton in 2011 was 9,758 people. By 2016 the population was 10,052 showing a population growth of 3.0% in the area during that time. The predominant age group in New Lambton is 40-49 years.
Households in New Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton work in a professional occupation. In 2011, 68.7% of the homes in New Lambton were owner-occupied compared with 68.1% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,077,500 | 640,000 |
| Quarterly growth | +5.12 | +0.31 |
| 12-month growth | +1.65 | -0.54 |
| Average annual growth | +8.07 | +7.18 |
| Weekly median rent | 650 | 485 |
| Gross rental yield | 3.33 | 4.52 |
| Number of Sales (12m) | 151 | 47 |
| Avg. Days on Market (12m) | 40 | 28 |
| Key Demographics | 2011 | 2016 |
| Total population | 9,758 | 10,052 |
| Population change (5y) | +5.65 | +3.00 |
| Median household income (p/w) | 1,218 | 1,454 |
| Household income change (5y) | +30.27 | +19.38 |
| Median age of persons | 38 | 40 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of New Lambton was 10,052 in 2016, a +3.00 change compared to 2011.
The predominant age group in New Lambton is 40-49 years.
The population of New Lambton was 10,052 in 2016, a +3.00 change compared to 2011.
The predominant age group in New Lambton is 40-49 years.
Most of the population in New Lambton were born in Australia.
Most of the population in New Lambton were born in Australia.
Most of the population in New Lambton report their religion as No Religion.
Most of the population in New Lambton report their religion as Catholic.
Most of the population in New Lambton report their income range as between 78,000 and 130,000 .
The median household income in New Lambton was 1,454 in 2016, a +19.38 change compared to 2011.
Most of the population in New Lambton report their income range as between 78,000 and 130,000 .
The median household income in New Lambton was 1,218 in 2011, a +30.27 change compared to 2006.
Most of the population in New Lambton work as Professional.
Most of the population in New Lambton work as Professional.
The chart below demonstrates the various levels of education in New Lambton.
The chart below demonstrates the various levels of education in New Lambton.
Most of the population in New Lambton reached a qualification level of Certificate.
Most of the population in New Lambton reached a qualification level of Certificate.
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Suburb borders rendered using geocodes provided by Openstreetmap.
