Property value increases in Lidcombe have tracked higher than the NSW average of 8.99% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Lidcombe comes in at number 114th in NSW.
Our latest figures would indicate that property sellers in Lidcombe are currently offering property investors an average price cut of -7.15% below the asking price at the moment.
Often selling an investment property can take time, and in Lidcombe the average time real estate has been on the market is 77.46 days.
Advertised rents are around the $550 mark per week – giving a return of 2.50% based on the median price in Suburb
If you compare the increase in value of investment property in Lidcombe, 2141 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.97%.
When looking at the potential capital gains offered to property investors over the last 3 years, Lidcombe comes in at number 309th in NSW.
Lidcombe2141 is located in NSW which offers an average discount of -4.45% to property investors. Lidcombe itself is showing figures that indicate -4.16% is the average achievable by property buyers investing in the suburb.
In the last year 123 properties changed hands in Lidcombe, which puts it as the 106th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Lidcombe being $652500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.98%