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Location

Market Insights for Lidcombe NSW 2141

New Listings (last 30 days)

Average price

$1,713,333

Lowest price

$1,100,000

Highest price

$4,000,000

7 Neville Street, Lidcombe NSW 2141

Sale By Negotiation

Search Band

$1.1M - $1.2M Medium Confidence Calculated based on our search observations.

House 455 m²

Listed: 4 days ago

Overview

Located in a highly sought-after pocket of Lidcombe and just a short distance from Lidcombe station, this property presents a rare opportunity for investors, developers, or homeowners looking to undertake a renovation or redevelopment project.

The sizable 455.2 square meter block provides ample space for a new build, subject to council approval, or to refurbish the existing home which remains in its original condition. This flexibility allows buyers to tailor the property to their individual needs and ambitions, whether that be to create a contemporary family residence or a profitable development project in a well-connected suburb.

The location's convenience and land size form the core appeal of this offering, giving versatile potential while being part of a stable, established community. The property is also efficient to maintain, with current council rates approximately $600 per quarter and water charges around $246 per quarter, providing clear insight into holding costs for prospective buyers.

This opportunity is ideally suited for buyers who appreciate the value of a strong location combined with the prospects of adding significant value through renovation or redevelopment. Its proximity to transport and amenities makes it attractive for professionals or families aiming to establish themselves in Lidcombe, while the land size and redevelopment potential will be of interest to the astute investor or builder aiming to maximize this asset.

Local Market Insights

In Lidcombe, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $1,713,333. The property type mix of listed properties is predominantly Houses at 41%, followed by apartments (34%), and units (7%). The most active agency for houses in the Lidcombe area is currently Ray White, representing 40% of new listings, followed by Laing + Simmons with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.