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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 0.00% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $550,000 and this has changed 2.80% over the past year. The average unit takes 60 days to sell and the median rent for a unit in New Lambton is $520 per week, producing a rental yield of 4.91%.

Supply & Demand in New Lambton, Newcastle

0.70%

Current vacancy rate


33

Rental stock available


10,043

Population


26.67%

Rental population


1.04%

Current vacancy rate


855

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for New Lambton, Newcastle

  House Townhouses Units
Median listing price $1,100,000 $770,000 $550,000
Median price change - last quarter -4.35% 2.66% -3.51%
Median price change - 1 year 0.00% 6.94% 2.80%
Median price change - 2 years 4.76% 10.47% 3.77%
  House Townhouses Units
Median weekly rent $695 $620 $520
Median yield % 3.28% 4.18% 4.91%
Median rent change - 1 year 10.31% 12.72% 15.55%
  House Units
Previous month sales 12 1
Stock on market previous month 37 2
Stock variance vs. last year 0.00% -50.00%
Average days on market 61 60

New Lambton investment property listings

Showing 2 of 2 investment properties found in New Lambton on realestateinvestar.com.au

40 Victoria St, NEW LAMBTON

$1,050,000

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House

NSW 2305


96 Regent St, NEW LAMBTON

$1,850,000

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NSW 2305


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