Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 16 Orchardtown Road 2 1 1 House | 1:00 PM Sat 27th Apr | Dalton Partners |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 19 St Georges Road 4 2 3 House | 9:00 AM Sat 4th May | Harcourts Newcastle |
 | 13 Penman Street 3 1 2 House | 10:30 AM Sat 4th May | McGrath |
 | 12 Baker Street 3 2 1 House | 12:00 PM Sat 4th May | First National Newcastle City |
 | 154 Russell Road 5 2 2 House | 12:45 PM Sat 4th May | Harcourts Newcastle |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $435,000 | 0.0% | $205,000 | $1,600,000 | 141 |
| 2010 | $435,000 | 0.0% | $153,000 | $1,550,000 | 142 |
| 2011 | $447,500 | +2.8% | $95,000 | $2,200,000 | 200 |
| 2012 | $516,000 | +13.3% | $232,500 | $2,300,000 | 176 |
| 2013 | $505,000 | -2.2% | $192,500 | $2,350,000 | 189 |
| 2014 | $560,000 | +9.8% | $240,000 | $1,650,000 | 176 |
| 2015 | $545,000 | -2.8% | $245,000 | $1,220,000 | 127 |
| 2016 | $650,000 | +16.2% | $285,000 | $1,825,000 | 130 |
| 2017 | $710,000 | +8.5% | $390,000 | $1,725,000 | 114 |
| 2018 | $735,000 | +3.4% | $450,000 | $1,810,000 | 103 |
| 2019 | $720,000 | -2.1% | $340,000 | $2,535,000 | 123 |
| 2020 | $777,000 | +7.3% | $365,000 | $2,100,000 | 122 |
| 2021 | $995,000 | +21.9% | $505,000 | $4,175,000 | 118 |
| 2022 | $1,150,000 | +13.5% | $580,000 | $3,220,000 | 98 |
| 2023 | $1,080,000 | -6.5% | $605,000 | $4,950,000 | 127 |
| 2024 | $1,250,000 | +13.6% | $666,000 | $3,000,000 | 23 |
Median Sale Price
$1.14M
Based on 114 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
+5.7%
Current Median Price: $1,135,000
Previous Median Price: $1,070,000
Based on 218 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $361 | 0.0% | $220 | $750 | 52 |
| 2012 | $420 | +14.0% | $115 | $1,000 | 80 |
| 2013 | $420 | 0.0% | $140 | $795 | 155 |
| 2014 | $450 | +6.7% | $145 | $800 | 138 |
| 2015 | $425 | -5.9% | $150 | $800 | 154 |
| 2016 | $450 | +5.6% | $150 | $990 | 174 |
| 2017 | $455 | +1.1% | $160 | $875 | 181 |
| 2018 | $495 | +8.1% | $165 | $1,100 | 143 |
| 2019 | $495 | 0.0% | $270 | $900 | 134 |
| 2020 | $530 | +6.6% | $290 | $1,200 | 117 |
| 2021 | $600 | +11.7% | $300 | $1,200 | 149 |
| 2022 | $620 | +3.2% | $360 | $1,350 | 161 |
| 2023 | $650 | +4.6% | $240 | $1,850 | 184 |
| 2024 | $690 | +5.8% | $350 | $1,350 | 32 |
Median Rent Price
$650
per week
Based on 156 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
+4.6%
Current Median Rent: $650
Previous Median Rent: $620
Based on 325 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,135,000
Current Median rent: $650
Based on 270 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For New Lambton
Houses sold in Last 12 months ends 20 Apr 2024
$1.25M
Median Sale Price
74%
Clearance Rate
19/26
Sold/Reported
$3M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 1 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M (Median Price Range) | 5 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M | 2 | |
Similar Suburbs to New Lambton 2305
Based on median house sale price sold in last 12 months
Schools closest to New Lambton, NSW 2305
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| New Lambton Public School | REGENT STNew Lambton 2305 | Primary | Government | 0.16 km |
| St Therese's Primary School | BURKE STREETNew Lambton 2305 | Primary | Catholic | 0.38 km |
| Lambton High School | WOMBOIN & YOUNG RDSLambton 2299 | Secondary | Government | 0.87 km |
| New Lambton South Public School | ST JAMES RDNew Lambton 2305 | Primary | Government | 1.09 km |
| Hunter School of Performing Arts | LAMBTON RDBroadmeadow 2292 | Combined | Government | 1.26 km |
| St John's Primary School | DICKSON STREETLambton 2299 | Primary | Catholic | 1.54 km |
| Lambton Public School | CROUDACE STLambton 2299 | Primary | Government | 1.53 km |
| St Pius X High School | PARK AVENUEAdamstown 2289 | Secondary | Catholic | 1.79 km |
| Waratah Public School | LAMBTON RDWaratah 2298 | Primary | Government | 1.99 km |
| Callaghan College Waratah Technology Campus | TURTON RDWaratah 2298 | Secondary | Government | 1.96 km |