North Lambton has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.56% to date .
Taking the average capital gain, or increase in median house value, North Lambton,2299 has racked up an average of 0.56% over the period. This ranks it number 751th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in North Lambton are currently offering property investors an average price cut of -5.20% below the asking price at the moment.
Residents and property investors in North Lambton have been waiting around 48.76 days to sell a property.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 6.41%, investors should hope to achieve an overall return of 3.82%
North Lambton,2299 was ranked 45 in Australia by increase in median property value over the quarter.
At number 1257 in a list of fastest selling suburbs, North Lambton is in the bottom 10% of suburbs in Australia with an average of days on market 112.3 for properties listed there.
North Lambton is 528th on a list of best yielding suburbs for rents in NSW with a 3.09% return