At number 3164th in the list of Australian suburbs ordered by increase in median house value over the last year, Lidcombe, 2141 is in the BOTTOM 30% with a property value increase of -1.79% recorded in median house prices.
A 63.27% growth in median value for property investors in Lidcombe,2141 puts this suburb at number 1112th in terms of best performing suburbs in NSW
Lidcombe, 2141 is offering NSW ‘s 141th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.61%, without taking into account capital value appreciation, which has been averaging out at 8.58%.
If you compare the increase in value of investment property in Lidcombe, 2141 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.29%.
Taking the average capital gain, or increase in median house value, Lidcombe,2141 has racked up an average of 11.29% over the period. This ranks it number 316th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Lidcombe should be aiming for at least -3.52% off the asking price, which is the average vendor discount being achieved at the moment.