At number 2630th in the list of Australian suburbs ordered by increase in median house value over the last year, Lidcombe, 2141 is in the BOTTOM 40% with a property value increase of 1.62% recorded in median house prices.
If we look at median property appreciation over just the last three months, Lidcombe has given property investors a paper return of 0.46%. This puts Suburb as 1013 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -8.60% to buyers in Lidcombe at the moment, which is less than average for the rest of NSW.
In the last year 106 properties changed hands in Lidcombe, which puts it as the 255th most active market in NSW when comparing the number of sales per suburb.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 8.91%.
Lidcombe has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.44% to date .
Lidcombe,2141 was ranked 673 in Australia by increase in median property value over the quarter.
Vendor discounting in Lidcombe is giving property investors an average Vendor Discount of around -3.81%. This puts suburb at number 291th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Lidcombe the average time real estate has been on the market is 63.5 days.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 8.25%.