Over the last ten years, Lidcombe has seen a shift toward gentrification. It now attracts young families who are interested in the new unit developments that are also close to the station. Lidcombe is only 14km west of the Sydney CBD and it is just 10 minutes away from the Parramatta CBD.
Lidcombe’s other attractions include:
- The first and only Costco in NSW
- Good schools and parks
- It is close to the M4 and M5 motorway
- Close to Sydney Olympic Park.
Units in Lidcombe spend an average of only 35 days on the market, which is excellent. Additionally, it is a tight market considering that there are only 0.52% of stock on the market. Rental yields are a healthy 5%. The units in Lidcombe are good value considering that the area has many facilities available for its residents.
A small shopping centre is located close to the train station with a range of specialty stores. For other major supermarkets like Coles, Woolworths and Aldi, residents need not travel far – they are located nearby in surrounding suburbs.
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