New Lambton NSW 2305

Here you can find what you need to know about New Lambton, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$730k Median Sale Price (National Average $485k) 547th In NSW
2.10% Median Price Change (1 yr) (National Average 4.30%) 299th In NSW
$467pw Median Rent (National Average $395) 696th In NSW
3.3% Median Gross Yield (National Average 4.24%) 816th In NSW
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Properties sold 131
Average discounting -6.70%
Average Days on Market 56
Stock on Market 33 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

New Lambton, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

New Lambton, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

New Lambton, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in New Lambton


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Latest Auction Results for New Lambton as at 15 December 2019

Property Details
Sale Price
4Bed / 2Bath / -Car / Unit
-

State Auction Clearance Rates - December 2019

Auctions Clearance rate
NSW 751 70%
ACT 92 58%
NT 3 67%
QLD 175 44%
SA 76 61%
TAS 0 0%
VIC 1170 73%
WA 34 32%

Local Schools


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Suburb Information

New Lambton, NSW 2305

Part of: Newcastle Council No data available

The size of New Lambton is approximately 5.5 square kilometres. It has 17 parks covering nearly 33.7% of total area. The population of New Lambton in 2011 was 9,758 people. By 2016 the population was 10,052 showing a population growth of 3.0% in the area during that time. The predominant age group in New Lambton is 40-49 years. Households in New Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton work in a professional occupation. In 2011, 68.7% of the homes in New Lambton were owner-occupied compared with 68.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in New Lambton

Demographic data provided
by Australian Bureau of Statistics


Market Trends for New Lambton   for Houses in last 12 months


There have been 127 Houses sold in New Lambton in the past 12 months with a median sale price of $753K, up 5.61% annually. It takes on average 56 days to sell with vendor discounting of -6.9%.

Streets in New Lambton


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