Suburb Profile Report for Lidcombe NSW (2141)

Lidcombe House: Median price $1,095,000, Annual capital growth 8.58%, Number of sales 107, Weekly median advertised rent $550

Lidcombe Unit: Median price $690,000, Annual capital growth 8.41%, Number of sales 129, Weekly median advertised rent $510

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$1,095,000 $690,000
-0.45% 2.68%
-1.79% 11.29%
8.58% 8.41%
$550 $510
107 129
2.61% 3.84%
83.11 61.03

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 16670
Median household income ($/weekly) 1230
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1733 10.4
    25-34 years 3364 20.2
    35-44 years 2329 14.0
    45-54 years 2283 13.7
    55-64 years 1645 9.9
    Others 5317 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 6565 50.9
    Not Married 5918 45.9
    Defacto Relationship 414 3.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5448 34.6
    Croatia 1866 11.8
    Lebanon 1662 10.5
    Viet Nam 1203 7.6
    Other 1756 11.1
    Others 3833 24.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 2038 13.2
    Christianity 7114 46.1
    Hinduism 1309 8.5
    Islam 2006 13.0
    No Religion 2816 18.2
    Others 164 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 460 10.0
    $800-$999 422 9.2
    $1,000-$1,249 427 9.3
    $1,500-$1,999 594 12.9
    $2,000-$2,499 439 9.5
    Others 2258 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4990 38.1
    Employed, worked full-time 4812 36.8
    Employed, worked part-time 2212 16.9
    Unemployed, looking for work 617 4.7
    Employed, away from work 450 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1639 21.9
    Technicians & trades workers 1061 14.2
    Clerical & administrative workers 1126 15.1
    Sales 671 9.0
    Labourers 1014 13.6
    Others 1962 26.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 1002 22.8
    Secondary 1030 23.4
    Technical or Further Educational Institution 585 13.3
    University or other Tertiary Institutions 1286 29.3
    Other type of educational institution 295 6.7
    Others 198 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9965 63.4
    Semi-detached, row or terrace house, townhouse 2972 18.9
    Flat, unit or apartment 2766 17.6
    House or flat attached to a shop, office 15 0.1
    Caravan, cabin, houseboat 6 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1822 36.7
    Rented 1719 34.6
    Fully owned 1390 28.0
    Other tenure type 35 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals