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Investment Property New Lambton, NSW, 2305

Suburb Snapshot

New Lambton is a suburb in the Newcastle Region of New South Wales. New Lambton has a population of 10,043 people and 26.67% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed 0.00% over the past year and changed 4.76% over 2 years.

The median rent in New Lambton for houses is $695 per week and the median rental yield is 3.28%. Stock on the market for houses/townhouses has changed -12.77% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $550,000 and this has changed 1.85% over the past year. The average unit takes 65 days to sell and the median rent for a unit in New Lambton is $510 per week, producing a rental yield of 4.82%.

Supply & Demand in New Lambton, Newcastle

0.72%

Current vacancy rate


34

Rental stock available


10,043

Population


26.67%

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 New Lambton, Newcastle

  House Townhouses Units
Median listing price $1,100,000 $760,000 $550,000
Median price change - last quarter -4.35% 2.66% -3.51%
Median price change - 1 year 0.00% 4.89% 1.85%
Median price change - 2 years 4.76% 6.74% 3.77%
  House Townhouses Units
Median weekly rent $695 $610 $510
Median yield % 3.28% 4.17% 4.82%
Median rent change - 1 year 10.31% 10.90% 13.33%
  House Units
Previous month sales 14 1
Stock on market previous month 41 3
Stock variance vs. last year -12.77% -25.00%
Average days on market 59 65

New Lambton investment property listings

Showing 1 of 1 investment properties found in New Lambton on realestateinvestar.com.au

39 Woodlands Ave, New Lambton

$980,000

property pic

Location Plus Size = Potential!!

Tucked away in a gorgeous leafy spot, we have an opportunity not to be missed. Large 2 bedroom home in a quiet street a short walk from Blackbutt shops, cafes, pub and sporting fields. With some beautiful original features, high ceilings and overflowing with potential. Do not miss the chance to ...

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NSW 2305


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