Lambton is a highly desirable suburb 8 kilometres from Newcastle’s central business district. It has excellent amenities including Lambton Swimming Centre, Lambton Park with tennis courts, sporting fields and a children’s playground. There is a library, several pubs and a great village shopping centre.
It is zoned for Lambton Public School and Lambton High School, which are very highly regarded and sought-after.
Lambton is approximately 2.8 square kilometres. It has 10 parks covering nearly 6.3% of total area. In 2016 the population was 4,915.The predominant age group in Lambton is 40-49 years. Households in Lambton are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Lambton work in a professional occupation. In 2011, 60.4% of the homes in Lambton were owner-occupied compared with 61.7% in 2016.
Currently the median sales price of houses in the area is $930,000.
Based on five years of sales, Lambton has seen a compound growth rate of 6.9% for houses and 29.2% for units.
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