New Lambton, NSW

FAIR VALUE

8,653 sales · 36 years of data · NSW, Australia

$1,142,500
Median (All)
$1,218,500
Median (Houses)
$790,000
Median (Apartments)
8.2%
10yr CAGR
7.1%
36yr CAGR
15.8%
Strata %
36 years of data · 8,653 sales analysed · 2,500+ suburbs · Updated weekly

New Lambton, NSW Property Market Overview

New Lambton, NSW, postcode 2305, presents a mature property market with a substantial history. Our analysis spans 36 years of recorded sales data, encompassing a total of 8,653 transactions. The current median property price for all dwelling types in New Lambton sits at $1,142,500.

New Lambton offers a diverse range of property types, reflected in the separate median prices for houses ($1,218,500) and apartments ($790,000). This suburb, located in the Newcastle region, is known for its established residential character and proximity to key amenities, making it a desirable location for a wide range of residents. The consistent growth seen over decades indicates a stable and attractive property market in New Lambton.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,099,620
Based on the 10-year compound annual growth rate of 8.2%
Predominantly houses16% apartments
84% of sales are houses and other non-strata properties
Loading chart...

Property Mix

84%
16%
Houses 84%$1,218,500Apartments 16%$790,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for New Lambton

Street Rankings

Top streets in New Lambton, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Orchardtown RdHouse8$1,810,000
2Evescourt RdHouse6$1,375,000
3Mackie AveHouse5$1,415,000
4Freyberg StHouse11$1,405,000

... and 151 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Freeman StHouse3$6,252/m²
2Hobart RdApartment4$5,217/m²
3Turton RdApartment4$5,902/m²
4Orchardtown RdHouse8$5,288/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Victoria StApartment+10.7%
2Mackie AveHouse+10.7%
3Dunkley AveHouse+11.7%
4Portland PlHouse+11.1%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

34
apartment buildings analysed
#AddressSalesMedian$/m²
125 Alma Rd5$970,000$7,241/m²
2303 Turton Rd3$615,000$6,089/m²
3115 Kings Rd5$870,000$5,118/m²

... and 30 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

46
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

16%
apartments across 34 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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155 streets and 34 buildings to explore

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3 street rankings
All 155 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
34 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 8,653 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

New Lambton at a Glance

Region
Newcastle Region
CBD Distance
Approx. 8km west of Newcastle CBD
Train Station
Kotara Station (Newcastle Line)
Council
City of Newcastle
Property Character
Established residential with a mix of houses and apartments
Community
Families and Professionals

New Lambton, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in New Lambton, NSW

Living in New Lambton offers a blend of suburban tranquility and convenient access to amenities. The suburb is home to several reputable schools, including New Lambton Public School and New Lambton South Public School, making it attractive to families. Residents can enjoy recreational activities at Blackbutt Reserve and the numerous parks scattered throughout New Lambton.

For shopping and dining, New Lambton Village provides a range of local businesses and cafes. While there isn't a train station directly in New Lambton, frequent bus services connect the suburb to surrounding areas, including the Newcastle CBD. The overall vibe of New Lambton is family-friendly and community-oriented, with a strong sense of local pride. The suburb's proximity to John Hunter Hospital also makes it a desirable location for medical professionals.


Who Buys in New Lambton?

New Lambton attracts a diverse range of buyers, including families, professionals, and downsizers. The presence of reputable schools and parks appeals to families seeking a safe and nurturing environment. The higher median house price of $1,218,500 suggests established families or those looking to upgrade. The availability of apartments, with a median price of $790,000 and a strata percentage of 15.8%, provides options for first home buyers and investors. The consistent historical growth, reflected in the CAGR figures, also attracts investors seeking long-term capital appreciation in New Lambton.

Market Analysis

Currently, New Lambton's property market is assessed as being near its long-term trend, indicating fair value. This suggests that property prices in New Lambton are generally aligned with historical growth patterns and underlying economic factors.

The 'fair value' cycle position means that New Lambton isn't experiencing significant overvaluation or undervaluation as of early 2026. Potential buyers and sellers should be aware of this market equilibrium when making decisions, understanding that price movements are likely to reflect broader market trends.


Is New Lambton a Good Investment?

New Lambton's historical growth patterns suggest a stable and resilient property market. The suburb's 10-year CAGR of 8.2% and full-period CAGR of 7.1% demonstrate long-term value appreciation. These growth rates, combined with the current cycle position near its long-term trend (fair value), may make New Lambton an attractive location for property owners.

The 'fair value' cycle position as of early 2026 indicates that New Lambton's property values are currently in line with long-term trends. This suggests that the factors driving property values in New Lambton, such as location, amenities, and community character, remain strong and consistent.


New Lambton Market Outlook

As of early 2026, the New Lambton property market is assessed as being near its long-term trend, indicating fair value. Recent price trends suggest a continuation of stable growth, aligning with the suburb's historical performance. Potential buyers and sellers should monitor market conditions closely to make informed decisions. The overall outlook for New Lambton remains positive, reflecting its desirability and established residential character.

Streets & Location in New Lambton, NSW

New Lambton, identified by the postcode 2305, comprises 155 streets. The suburb boasts several highly sought-after streets, with St James Road, Portland Place, and Russell Road exhibiting some of the highest median property prices in the area. These streets are known for their desirable location and property characteristics within New Lambton.

Market Dynamics

The property market in New Lambton exhibits relatively efficient transaction times. The average settlement period is approximately 46 days, indicating a streamlined process for property sales. Data on quick-flip percentage is currently unavailable. These factors contribute to the overall dynamism of the New Lambton property market.

Development & Density

New Lambton features a mix of housing types, with a notable proportion of houses alongside apartment buildings. There are currently 34 apartment buildings within New Lambton, reflecting a moderate level of development density. This balance between houses and apartments contributes to the diverse housing options available in New Lambton.

Growth & Property Mix

Over the long term, New Lambton has demonstrated consistent growth in property values. The 10-year Compound Annual Growth Rate (CAGR) stands at 8.2%, while the 20-year CAGR is 6.2%. Looking at the full 36-year period, the CAGR is 7.1%. The property mix in New Lambton includes both houses and apartments, with approximately 15.8% of properties being strata titled apartments.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about New Lambton, NSW

What is the median property price in New Lambton?
The current median property price in New Lambton is $1,142,500 for all dwelling types. Specifically, the median house price is $1,218,500, while the median apartment price is $790,000.
Is New Lambton overvalued or undervalued?
According to our analysis, New Lambton is currently near its long-term trend, indicating fair value. This suggests that property prices are generally aligned with historical growth patterns and underlying economic factors.
How has the New Lambton property market performed over 10 years?
The New Lambton property market has shown strong growth over the past 10 years. The Compound Annual Growth Rate (CAGR) for this period is 8.2%, indicating consistent value appreciation.
What percentage of New Lambton is apartments vs houses?
Apartments account for approximately 15.8% of the property market in New Lambton, as indicated by the strata percentage. This means the majority of properties in New Lambton are houses.
Where is New Lambton in the property cycle?
Our analysis indicates that New Lambton is currently near its long-term trend, indicating fair value in the property cycle. This suggests a market that is neither significantly overvalued nor undervalued.
What schools are near New Lambton?
New Lambton is home to several reputable schools, including New Lambton Public School and New Lambton South Public School. These schools contribute to the suburb's appeal for families.
What is New Lambton like to live in?
New Lambton offers a blend of suburban tranquility and convenient access to amenities. It's a family-friendly suburb with parks, local shops, and good schools, providing a comfortable lifestyle for residents.
Is New Lambton good for families?
Yes, New Lambton is generally considered a good suburb for families. It has reputable schools, parks like Blackbutt Reserve, and a range of housing options suitable for family living.
How far is New Lambton from Sydney CBD?
New Lambton is located approximately 8km west of Newcastle CBD. It's connected to the CBD via bus routes and major roads.
What transport options are in New Lambton?
While New Lambton doesn't have its own train station, Kotara Station on the Newcastle Line is nearby. The suburb is also serviced by frequent bus routes and major roads like Lambton Road.
How does New Lambton compare to nearby suburbs?
Compared to some nearby suburbs, New Lambton tends to have higher median property prices, reflecting its desirability and established character. The growth rates are also competitive with neighbouring areas.
Is New Lambton a good first home buyer suburb?
New Lambton offers a mix of property types, including apartments with a median price of $790,000, which could be accessible to some first home buyers. However, the higher median house price might be a barrier for others.
What are the best streets in New Lambton?
Some of the streets with the highest median property prices in New Lambton include St James Road, Portland Place, and Russell Road. These streets are known for their desirable location and property characteristics.
How many properties have been sold in New Lambton?
Over the past 36 years, a total of 8,653 properties have been sold in New Lambton. This reflects a mature and active property market.
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