AREA REPORTS

Lidcombe

 

 

NSW/
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 $1,155,000.

Profits due to an upward trend in home prices in the suburb averaged 2.31% per annum over a 3-year period.

LIDCOMBE now ranks at the 1068th 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 48.7 days.

In 2016, 121 properties were sold in LIDCOMBE during the past year, making it the 1328th 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 $1,155,000 $720,000
GROWTH REPORT
Median Quarterly -4.47% -2.44%
Median 12 month -11.49% -0.69%
Median 3 years 6.94% 14.29%
Median 5 years 65.24% 38.46%
10 years average annual 9.95% 8.2%
Weekly media advert. rent $590 $530
Time on Market 48.7 days 79.0 days
Gross Rental Yield Percent 2.66% 3.83%
demographics (median values)
Total Population
14164
Weekly Household Income
993.1
Household Size
3.00
demographics
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