Mount Lambie is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 65, the suburb has an older demographic with a median age of 55. Households earn a median income of $97K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Lambie is $760,000, having dropped significantly 19.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,075.
Public transport access includes 7 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Mount Lambie offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved -19.1% year-on-year.
Mount Lambie is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 65, the suburb has an older demographic with a median age of 55. Households earn a median income of $97K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Mount Lambie is $760,000, having dropped significantly 19.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,075.
Public transport access includes 7 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Mount Lambie offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved -19.1% year-on-year.