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Lidcombe
AREA REPORTS

Lidcombe

Lidcombe - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2141

house
unit

LIDCOMBE, 2141 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling LIDCOMBE, 2141 values up and netting property investors a capital gain of 11.37% for the past year.

Investors saw the median home price rise to $1,175,000.

Profits due to an downward trend in home prices in the suburb averaged -3.44% per annum over a 3-year period.

LIDCOMBE now ranks at the 449th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in LIDCOMBE are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $530 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In LIDCOMBE, homes and units usually stay on listing for an average of 36.4 days.

In 2016, 108 properties were sold in LIDCOMBE during the past year, making it the 1444th most active market in NSW based on total real estate transactions.

Data report can be found below

Lidcombe
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,175,000 $790,000
GROWTH REPORT
Median Quarterly 4.91% 3.95%
Median 12 month 11.37% 11.27%
Median 3 years -10.31% -1.37%
Median 5 years 4.68% 20.61%
10 years average annual 6.72% 7.02%
Weekly media advert. rent $530 $500
Time on Market 36.4 days 84.5 days
Gross Rental Yield Percent 2.35% 3.29%
demographics (median values)*
Total Population
28675
Weekly Household Income
1480
Household Size
3.20
Age
33
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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