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Investment Property Lambton, NSW, 2299

Suburb Snapshot

Lambton is a suburb in the Newcastle Region of New South Wales. Lambton has a population of 4,910 people and 31.69% of its occupants live in rental accommodation. The median listing price for houses is $1,025,000 and this has changed -1.21% over the past year and changed 7.89% over 2 years.

The median rent in Lambton for houses is $650 per week and the median rental yield is 3.29%. Stock on the market for houses/townhouses has changed -33.33% compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 55 days to sell and the median rent for a unit in Lambton is $465 per week, producing a rental yield of NA.

Supply & Demand in Lambton, Newcastle

0.80%

Current vacancy rate


19

Rental stock available


4,910

Population


31.69%

Rental population


1.06%

Current vacancy rate


872

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Lambton, Newcastle

  House Townhouses Units
Median listing price $1,025,000 $692,500 NA
Median price change - last quarter 2.43% -6.42% NA
Median price change - 1 year -1.21% NA NA
Median price change - 2 years 7.89% NA NA
  House Townhouses Units
Median weekly rent $650 $600 $465
Median yield % 3.29% 4.50% NA
Median rent change - 1 year 8.33% 10.09% 16.25%
  House Units
Previous month sales 8 0
Stock on market previous month 12 0
Stock variance vs. last year -33.33% -100.00%
Average days on market 81 55

Lambton investment property listings

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