New Lambton, NSW 2305
Lake Macquarie City CouncilAll suburbs in postcode 2305
Updated
Median house price
$1,207,500
+7.8% over the past year.
Median of 192 house sales · NSW Valuer General · calendar 2025
Selling in New Lambton?
Get the free selling guide, personalised to New Lambton, or ask for a free appraisal from a local agent.
New Lambton at a glance
- Median unit
- $343,440
- Weekly rent
- $780
- Houses · units $520
- Population
- 10.7k
- Median age 41
Prices: Median of 192 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2305), June 2026 · Population: 2021 Census
House prices in New Lambton
Houses change hands at $1,207,500 on a typical sale, in line with the NSW median (192 house sales, NSW Valuer General, calendar 2025). Units come in around $343,440, roughly 72% below the house median. The 12-month picture is one of steady growth (+7.8%).
For sellers
Twelve-month growth is +7.8%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $242,000. Prices are in line with the NSW median, so the broader state lending settings apply.
Rental data as of June 2026· NSW rental bond data (postcode 2305)
Free appraisal in New Lambton
What’s your home worth in New Lambton?
Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.
What to know about New Lambton
New Lambton (2305) sits in the Lake Macquarie region of NSW. The median house here is $1,207,500, in line with the NSW median of around $1.10M. Prices have moved +7.8% over the past year, well clear of the NSW average (3%).
New Lambton has roughly 10,651 residents, with a typical family-age mix. Households are mostly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
New Lambton scores 72/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 28°C (warm), winter mornings around 8°C (cool). Annual rainfall lands at about 1,189 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 7 government primary, 3 government secondary, 5 Catholic.
Schools in New Lambton
Location
Walkability
- Walk
- 72/100
- Transit
- 0/100
- Bike
- 100/100
Very walkable. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put New Lambton's population at 10,651, with a median age of 41. That sits as a typical family-age mix. Households are mostly owner-occupied (68% own, 30% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (66% family households, 30% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 66%
- Lone person
- 30%
- Owner occupied
- 68%
- Renter occupied
- 30%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 3.36% (median rent $780/wk against a $1,207,500 price tag). Units yield 7.87% gross, often the better cash-flow play for first-time investors. With 30% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs. The 12-month growth of +7.8% adds a capital-growth case on top of the yield.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 3.36%
- On the $1,207,500 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 7.87%
- On the $343,440 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +7.8%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
252 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 1,189 mm
- Hottest month, avg max
- 27.7°C
- Coldest month, avg min
- 7.8°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about New Lambton
- What is the median house price in New Lambton?
- The median house price in New Lambton, NSW 2305 is $1,207,500 (median of 192 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $343,440. Annual growth is +7.8%.
- How much is my house worth in New Lambton?
- A useful starting point is the New Lambton median house price of $1,207,500 (units $343,440). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is New Lambton a good investment?
- On the published figures, the gross rental yield on houses in New Lambton is 3.4%: the median weekly house rent is $780 (NSW rental bond data (postcode 2305), June 2026) against the median house price of $1,207,500 (NSW Valuer General, calendar 2025). The median house price rose 7.8% over 12 months on the same NSW Valuer General figures. Whether New Lambton is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the New Lambton postcode?
- New Lambton is in the 2305 postcode, in NSW, in the Lake Macquarie City Council region.
- Where is New Lambton?
- New Lambton is a suburb in the Lake Macquarie City Council area, NSW 2305.
- What is the average rent in New Lambton?
- The median weekly rent for houses is $780, for units it's $520.
- What schools are in New Lambton?
- There are 20 schools serving New Lambton on this page, including New Lambton Public School, St Therese's Primary School, New Lambton South Public School.
- How walkable is New Lambton?
- New Lambton has a Walk Score of 72 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near New Lambton?
- New Lambton is close to Adamstown, Lambton, New Lambton Heights, Kotara, Kotara East.
- What is the population of New Lambton?
- The population of New Lambton is approximately 10,651 (2021 Census). The median age is 41.
Selling in New Lambton? Get the free selling guide
What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to New Lambton. A free PDF, in about a minute.
More on New Lambton and nearby
New Lambton
Nearby suburbs
Compare side by side
Selling in NSW
Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.