Suburb Profile Report for Lidcombe NSW (2141)

Lidcombe House: Median price $1,090,000, Annual capital growth 8.10%, Number of sales 81, Weekly median advertised rent $580

Lidcombe Unit: Median price $710,000, Annual capital growth 6.49%, Number of sales 189, Weekly median advertised rent $530

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

Lidcombe is in the bottom 40% in NSW when comparing median price capital growth over the last year. Lidcombe gave property investors a disappointing capital gain figure when compared to the rest of the state, with -6.03%.

The five-year average increase in median property values for Lidcombe,2141 has given property investors a potential capital gain of 21.11% across each of those five years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Lidcombe itself are offering an average vendor discount of -11.71% to real estate investors.

The NSW suburb of Lidcombe, 2141 is in the Cumberland (A) local government area.

Over the last year, property investments in Lidcombe, 2141 have given investors a capital gain of -2.74%. This compares averagely with the -2.98% for NSW as a whole.

Comparing Lidcombe,2141 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Lidcombe itself are offering an average vendor discount of -7.18% to real estate investors.

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
$1,090,000 $710,000
4.41% 0.00%
-6.03% -2.74%
8.10% 6.49%
$580 $530
81 189
2.77% 3.88%
79.8571428571429 97.7884615384615

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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