AREA REPORTS

Lidcombe

Suburb Profile

Lidcombe - FREE 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.

Investors saw the median home price rise to $1,200,000.

Profits due to an upward trend in home prices in the suburb averaged 7.07% per annum over a 3-year period.

LIDCOMBE now ranks at the 1218th 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 low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $590 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 93.0 days.

In 2016, 102 properties were sold in LIDCOMBE during the past year, making it the 1434th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,200,000 $720,000
GROWTH REPORT
Median Quarterly -8.05% -0.21%
Median 12 month 0% 0%
Median 3 years 21.21% 16.13%
Median 5 years 74.29% 44.58%
10 years average annual 9.55% 8.19%
Weekly media advert. rent $590 $540
Time on Market 93.0 days 68.9 days
Gross Rental Yield Percent 2.56% 3.9%
demographics (median values)
Total Population
14164
Weekly Household Income
993.1
Household Size
3.00
demographics
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