Suburb Profile Report for Lidcombe NSW (2141)

Lidcombe House: Median price $1,055,000, Annual capital growth 7.29%, Number of sales 88, Weekly median advertised rent $550

Lidcombe Unit: Median price $710,000, Annual capital growth 6.74%, Number of sales 214, Weekly median advertised rent $520

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -8.66% for the last year, Lidcombe, 2141 is the 3663th highest performer in Australia in this respect.

Lidcombe,2141 has offered an average of -8.66% return per annum in house price rises to property investors over the last three years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.46% offered to property buyers. Sellers in Lidcombe itself are offering an average vendor discount of -7.76% to real estate investors.

With the median price for a house in Lidcombe being $1055000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 2.71%

Investment property in Lidcombe has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.40%

When looking at the potential capital gains offered to property investors over the last 3 years, Lidcombe comes in at number 259th in NSW.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lidcombe, 2141. Typically our figures indicate that -6.50% is being offered, which puts this NSW suburb at 361th most discounted overall in Australia.

On average over the past year, suburb has had 17.83 sales per month, which equates to 214 per year.

Information supplied by:




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Lidcombe, NSW – Rentals are going strong

Postcode: 2141

Median unit price: $710,000

Vacancy rate: 1.7%

Three-year growth: 1.4%

Situated in western Sydney approximately 18km from the Sydney CBD, the suburb of Lidcombe sits just west of Rookwood Cemetery, which is considered the largest cemetery in the southern hemisphere and is one of the suburb’s heritage sites.

The Lidcombe hospital precinct is located on Joseph Street, and the Lidcombe railway station is regarded as a major terminal serving several train lines, including the Olympic Park to Sydney Olympic Park line. The station also acts as a bus stop. The Lidcombe Public School was first established in the late 1800s. The Lidcombe Shopping Centre caters to residents’ retail requirements, and Tooheys Brewery makes it home here.

Metrics i HOUSE UNIT
$1,055,000 $710,000
-1.63% 0.00%
-8.66% -3.40%
7.29% 6.74%
$550 $520
88 214
2.71% 3.81%
65.7619047619048 81.4915254237288

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below 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
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