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NSW › Lidcombe › Water St

40 Water St, Lidcombe NSW 2141

For saleHouse for Sale

$1,499,999

For sale

Asking

3

Bedrooms

2

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,499,999 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,499,999(Listing record · 15 July 2026)
  • CalculationAsk is 28% below the Lidcombe median recorded sale ($2,070,000, n=44, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lidcombe's advertised median rent ($780/wk), implied gross yield would be 2.70% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,499,999

Asking

No recorded sale for this property.

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.

See the full Lidcombe report →

Vs Lidcombe

-27.5%

Median sale

Suburb $2,070,000

+0.74 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.

Total cost to purchase

Purchase Price
$1,499,999
Stamp Duty (New South Wales)
$64,512
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,568,378

$68,379 on top of the price (4.6% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lidcombe's advertised median rent — not a rent for this listing.

Net yield
1.20%
Annual cashflow (pre-tax)
$-59,940
Interest cover (DSCR)
0.23
Annual rent
$40,560
Operating expenses
$22,500
Loan amount
$1,199,999
Annual interest
$78,000
Gross yield
2.70%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,499,999available15 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Lidcombe in one glance

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.

See the full Lidcombe report →

Keep researching

  • Why Lidcombe? Read the area thesis →
  • What else is on the market in Lidcombe →
  • Other records on Water St →

Listing material

Listed by Ray White Lidcombe

MOVE IN READY EASY CARE BRICK RESIDENCE

Beautifully maintained and ready to enjoy, this much-loved brick veneer home presents an outstanding opportunity for families, investors and owner-occupiers alike. Positioned on a level 373sqm block with a sunny north-facing backyard, it offers solid construction, comfortable living and exciting future potential.

The home features three generous bedrooms with built-in wardrobes, polished timber flooring throughout, a light-filled formal lounge, separate dining area off the renovated gas kitchen with breakfast bar, two sleek modern bathrooms with a bathtub to to the main.

Step outside to a covered alfresco entertaining area overlooking the easy-care backyard with established fruit trees, while a lock-up garage and secure off-street parking complete the package.

Read the full description

Perfectly positioned within walking distance to Lidcombe Railway Station, schools, shops, cafes, restaurants and local amenities, this is an exceptional opportunity to secure a quality family home in one of Lidcombe's most convenient locations.

Property Features:

• Three generous bedrooms with built-in wardrobes, master with split-system air conditioning

• Polished timber flooring throughout

• Light-filled formal lounge and separate dining area

• Renovated gas kitchen with breakfast bar and ample storage

• Two sleek modern bathrooms with a bathtub to main bathroom

• Covered alfresco entertaining area overlooking the private backyard

• Low-maintenance front and rear gardens with established fruit trees

• Secure lock-up garage with gated off-street parking

• Level 373sqm block with a sunny north-facing backyard

• Zoned R3 - Medium Density Residential under the Cumberland Local Environmental Plan 2021

• Easy walk to Lidcombe Railway Station, schools, shops, cafes, restaurants and everyday amenities

Summary:

Whether you're looking to move straight in, invest or secure a quality home with future potential, this immaculately maintained residence is an opportunity not to be missed. Combining solid construction, modern updates, a family-friendly layout and an unbeatable location, this home is ready for its next chapter.

* Inspection: Saturdays 12:00pm - 12:30pm

* For Sale: $1,499,999

Disclaimer:

The information contained herein has been obtained from sources we believe to be reliable. However, we cannot guarantee its accuracy. Interested purchasers should make their own enquiries and rely on their own investigations. Any reference to zoning, development potential or future use is subject to the relevant authority approvals. All measurements and figures are approximate.

Listing description written by Steven Duong, Ray White Lidcombe — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.