Suburb Profile

Suburb profile for,

New Lambton, NSW 2305

About New Lambton

New Lambton is a residential suburb in New South Wales, sitting within the 2305 postcode.

Demographics and Community

New Lambton has a population of approximately 10,052, a median age of 40, a median weekly household income of $1,454.

Property Market Overview

The current median house price in New Lambton is $1,055,000. Average annual growth is 7.1%.

Properties in New Lambton spend an average of 44 days on market.

Rental Market

The median weekly rent for houses in New Lambton is $450. Gross rental yield is 3.20%, which is typical for a growth-oriented market.

Nearby Suburbs

Explore other suburb profiles in the area: Mayfield East, NSW, Mayfield, NSW, Warabrook, NSW, Shortland, NSW, Cooks Hill, NSW.

Considering New Lambton for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering New Lambton or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

New Lambton, NSW 2305

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
NSW
Suburb
NEW LAMBTON
Postcode
2305
Median price for all dwellings
$1,055,000
Last 12 months growth return
Up 7.1%
Avg. dwellings for sale in the suburb every month
30
Avg. dwellings sold in the suburb in previous 12 months
109
Avg days on market for a dwelling listing to sell
44 days
Avg. number of people searching in this suburb every month
1471
Avg. rental yield per annum
3.20%
Weekly median rent for all dwellings
$450 per week
Median price for all houses
$1,055,000
Avg. rental yield growth in the previous 12 months
3.20%
Avg. days for a rental listing to find a tennant
16 days
Total suburb population in 2016
10052
Total suburb population change in 5 years up to 2016
3.00%
Avg. household income per week
$1,454
Median age of the population in the suburb
40
Historic avg annual growth return per annum in the suburb
9.77%