Property value increases in Lidcombe have tracked lower than the NSW average of 8.26% over the last 12 months.
A 64.18% growth in median value for property investors in Lidcombe,2141 puts this suburb at number 1252th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Lidcombe itself are offering an average vendor discount of -7.32% to real estate investors.
Lidcombe, 2141’s gross rental yield is 2.60%
Lidcombe, 2141 ranked 150th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lidcombe is one of 3163 in our list for NSW
While Lidcombe,2141 ranked number 153th in NSW for increase in median house value (annualised) increase, it is ranked 168th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Lidcombe is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 308th in terms of most discounted suburbs in NSW
Residents and property investors in Lidcombe have been waiting around 58.14 days to sell a property.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 3.79%, without taking into account capital value appreciation, which has been averaging out at 8.72%.