Lidcombe at a glance
29,154
People
$2,070,000
Median sale
$780/wk
Median rent
1.96%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
NSW › Lidcombe › Oleander Ave
$1,372,000
Last sold
9 Oct 2021
4
Bedrooms
1
Bathrooms
2
Car spaces
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,372,000
9 Oct 2021 · derived via latest_sale
Lidcombe at a glance
29,154
People
$2,070,000
Median sale
$780/wk
Median rent
1.96%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Lidcombe
-33.7%
Median sale
Suburb $2,070,000
+1.00 pp
Gross yield
Suburb 1.96%
Suburb median $2,070,000 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Cumberland Local Environmental Plan 2021
Zone
Low Density Residential
R2
Jurisdiction
Cumberland
Cumberland, NSW
Not detected
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Cumberland Local Environmental Plan 2021). Official parcel area about 452 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $780/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Cumberland Local Environmental Plan 2021). Official parcel area about 452 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Cumberland Local Environmental Plan 2021). Official parcel area about 452 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
KnownmediumNo development applications were returned for this parcel. That is not a statement about nearby lots.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Lidcombe at a glance
29,154
People
$2,070,000
Median sale
$780/wk
Median rent
1.96%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Richard Matthews Real EstateAuction Now Link: https://auctionnow.com.au/properties/76592
Refreshed Weatherboard Home with Classic Character
Offering an abundance of size, space and convenience, this impeccably presented and renovated family home sits in a lush, leafy Lidcombe street. The perfect base to create your dream family home, there are options to continue renovations, extend, rebuild (STCA) or relax into a readymade home. Capitalise on this fantastic property enjoying a dream location and aspect with all amenities only a stroll away
- Set on a prime 442.6sqm parcel of land with ideal north to rear aspect
- Light and bright living room at the rear of the home with functional flow to the outdoor space
- Renovated kitchen with natural gas cooking, quality appliances and ample preparation and storage space
- Undercover patio overlooking grassed backyard
- Four well proportioned bedrooms, two with built in wardrobes, one with potential to be second living space with access to dining room
- Single garage with dedicated store room
- Renovated, modern bathroom
- Quality Inclusions: Split system air-conditioning, laundry with additional toilet, timber flooring, driveway parking
- Prime Position: Set in a quiet street walking distance to Berala or Lidcombe Station and moments to Coleman Park, Carnarvon Golf Club and an array of highly sought schools
Please note all of the above options noted in our ad are SUBJECT TO COUNCIL APPROVAL. You must do you own research and liaise with council on your options as Richard Matthews Real Estate does not accept any liability.
DISCLAIMER: While Richard Matthews Real Estate have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Richard Matthews Real Estate urge prospective purchasers to make their own inquiries to verify the information contained herein.
Listing description written by Cherry (Zhimin) Zeng, Richard Matthews Real Estate — reproduced as published, not verified by Districts.