Property value increases in New Lambton have tracked higher than the NSW average of 6.38% over the last 12 months.
A 48.81% growth in median value for property investors in New Lambton,2305 puts this suburb at number 269th in terms of best performing suburbs in NSW
Property buyers and investors in New Lambton 2305 should be seeing an average reduction in asking price of around -4.91% . This means that New Lambton is holding prices well when compared to other suburbs in NSW.
Residents and property investors in New Lambton have been waiting around 58.24 days to sell a property.
With a capital gain of -1.90% for the last 12 months, New Lambton, 2305 has performed for property investments than its average annual 5.63% property growth over the last 5 years.
New Lambton,2305 was ranked 435 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in New Lambton are currently offering property investors an average price cut of -2.21% below the asking price at the moment.
New Lambton, 2305’s gross rental yield is 4.56%