17/23 John Street, Lidcombe NSW 2141

Secure near-new full brick building | 104m² spacious layout | High owner-occupier ratio | Walk to Lidcombe Public School This property offers a rare combination of size and build quality in a market dominated by smaller, lower-spec units. The 104 square metre internal area, full brick construction, and high ceilings provide a tangible advantage for owner-occupiers seeking space and durability over typical contemporary apartments. The 70% owner-occupied building signals a stable, well-maintained complex that appeals to buyers prioritising long-term liveability over investment turnover. This unit best suits a professional couple or small family wanting a genuine home near transport and schools, not a speculative flip. The primary risk is the modest capital growth trajectory over the past decade, with estimates suggesting only 7-8% total appreciation since 2016, reflecting a subdued local market. The 0% recent auction clearance rate and wide local price range indicate soft demand and potential negotiation leverage for a buyer. However, the strong rental yield potential in a young demographic area offsets some holding risk, and the FTTP connection adds a practical edge for remote workers. A pre-auction offer below the $780,000 upper estimate may secure the property before competition builds.