Suburb Profile Report for Lidcombe NSW (2141)

Lidcombe House: Median price $1,089,000, Annual capital growth 7.78%, Number of sales 85, Weekly median advertised rent $560

Lidcombe Unit: Median price $710,000, Annual capital growth 6.60%, Number of sales 203, Weekly median advertised rent $520

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 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 -5.71% for the last year, Lidcombe, 2141 is the 3297th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Lidcombe,2141 has racked up an average of -5.71% over the period. This ranks it number 3045th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Lidcombe 2141 should be seeing an average reduction in asking price of around -8.93% . This means that Lidcombe is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Lidcombe the average time real estate has been on the market is 68.0698 days.

Advertised rents are around the $560 mark per week – giving a return of 2.67% based on the median price in Suburb

NSW has seen average median house prices change by -0.92% which means that Lidcombe, 2141 has not done well for property investors by showing a capital gain of -2.94% over the last year

Taking the average capital gain, or increase in median house value, Lidcombe,2141 has racked up an average of -2.94% over the period. This ranks it number 913th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Lidcombe are currently offering property investors an average price cut of -6.65% below the asking price at the moment.

Situated 14.23km from the CBD, Lidcombe is one of Cumberland (A) localities in the postcode 2141.

Information supplied by:




M
O

W
E

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
$1,089,000 $710,000
-0.09% 0.00%
-5.71% -2.94%
7.78% 6.60%
$560 $520
85 203
2.67% 3.81%
68.0697674418605 81.6315789473684

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

DSR Score for property investment : Above average (H), Below average (U)
Find a mortgage broker in Lidcombe NSW
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