North Lambton is a suburb of Newcastle, located 9 kilometres from Newcastle’s central business district.
North Lambton is approximately 1.3 square kilometres. It has 11 parks covering nearly 22.3%
of total area. The population of North Lambton in 2011 was 3,114 people. By 2016 the population was 3,304 showing a population growth of 6.1% in the area during that time. The predominant age group in North Lambton is 20-29 years. Households in North Lambton are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in North Lambton work in a professional occupation. In 2011, 64.7% of the homes in North Lambton were owner occupied compared with 59.5% in 2016.
Currently the median sales price of houses in the area is $820,000.
Based on five years of sales, North Lambton has seen a compound growth rate of 13.5% for houses.
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