New Lambton Heights, NSW 2305

New Lambton Heights, NSW 2305

Compare Part of Newcastle

113.86 km
Distance from CBD
12 k
Population

Auction Times

Sat 25 May
 Auction Time Agency
38 Grandview Road
4 2 2 House
11:15 AM
Sat 25th May		 McGrath
Median Sale Price
House
-
Updated on Mar 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Mar 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$620,000
 0.0% $295,000 $1,500,000 46
2010
$550,000
 -12.7% $360,000 $2,250,000 52
2011
$580,000
 +5.2% $362,000 $1,300,000 49
2012
$550,000
 -5.5% $320,000 $1,620,000 100
2013
$560,000
 +1.8% $230,000 $3,600,000 48
2014
$605,000
 +7.4% $409,000 $1,300,000 61
2015
$630,000
 +4.0% $431,000 $1,595,000 47
2016
$695,000
 +9.4% $475,000 $2,000,000 46
2017
$625,000
 -11.2% $510,000 $1,700,000 31
2018
$810,000
 +22.8% $531,000 $1,225,000 34
2019
$770,000
 -5.2% $510,000 $1,950,000 32
2020
$824,000
 +6.6% $555,000 $1,880,000 38
2021
$1,035,000
 +20.4% $647,500 $2,650,000 38
2022
$1,080,000
 +4.2% $755,000 $2,150,000 33
2023
$1,165,000
 +7.3% $610,000 $2,850,000 30
2024
$1,100,000
 -5.9% $765,000 $1,856,000 14
Median Sale Price
$1.13M
Based on 34 recorded sales within the last 12 months
Updated on 16 May 2024
Suburb Growth
+4.0%
Current Median Price: $1,130,000
Previous Median Price: $1,085,000
Based on 64 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2024)
Price Range Segments (12 months ending Apr 2024)
Median Weekly Rent Price
House
-
Updated on Mar 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Mar 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$500
 0.0% $310 $1,500 19
2012
$460
 -8.7% $360 $795 19
2013
$550
 +16.4% $200 $850 18
2014
$540
 -1.9% $350 $880 23
2015
$510
 -5.9% $320 $790 27
2016
$500
 -2.0% $200 $795 33
2017
$520
 +3.8% $380 $760 19
2018
$510
 -2.0% $320 $950 27
2019
$600
 +15.0% $330 $850 25
2020
$550
 -9.1% $380 $900 15
2021
$620
 +11.3% $500 $990 17
2022
$750
 +17.3% $360 $1,050 23
2023
$795
 +5.7% $470 $1,100 24
2024
$710
 -12.0% $560 $900 5
Median Rent Price
$800
per week
Based on 20 recorded rent within the last 12 months
Updated on 16 May 2024
Rent Price Growth
+6.3%
Current Median Rent: $800
Previous Median Rent: $750
Based on 46 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $1,130,000
Current Median rent: $800
Based on 54 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)

Auction Results For New Lambton Heights

Houses sold in Last 12 months ends 11 May 2024

$1.1M

Median Sale Price

58%

Clearance Rate

4/7

Sold/Reported

$1.18M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M
(Median Price Range)		 2
$800 K - $1 M 1
$600 K - $800 K 1

Schools closest to New Lambton Heights, NSW 2305

School name Address Type Sector Distance
Lambton Public School CROUDACE STLambton 2299 Primary Government 1.59 km
New Lambton Public School REGENT STNew Lambton 2305 Primary Government 1.5 km
St John's Primary School DICKSON STREETLambton 2299 Primary Catholic 1.82 km
St Therese's Primary School BURKE STREETNew Lambton 2305 Primary Catholic 1.81 km
St Pius X High School PARK AVENUEAdamstown 2289 Secondary Catholic 2.26 km