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.
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Lidcombe, NSW – Rentals are going strong
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.