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Investment Property Lakemba, NSW, 2195

Suburb Snapshot

Lakemba is a suburb in the Canterbury-Bankstown Region of New South Wales. Lakemba has a population of 17,019 people and 50.47% of its occupants live in rental accommodation. The median listing price for houses is $1,449,000 and this has changed 31.72% over the past year and changed 31.72% over 2 years.

The median rent in Lakemba for houses is $700 per week and the median rental yield is 2.51%. Stock on the market for houses/townhouses has changed 333.33% compared to last year and the average time to sell a house/townhouse is 128 days.The median listing price for units is $459,000 and this has changed 14.75% over the past year. The average unit takes 76 days to sell and the median rent for a unit in Lakemba is $480 per week, producing a rental yield of 5.43%.

Supply & Demand in Lakemba, Canterbury-Bankstown

1.90%

Current vacancy rate


115

Rental stock available


17,019

Population


50.47%

Rental population


1.03%

Current vacancy rate


1,520

Rental stock available


346,298

Population


32.78%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Lakemba, Canterbury-Bankstown

  House Townhouses Units
Median listing price $1,449,000 NA $459,000
Median price change - last quarter 0.33% NA 1.12%
Median price change - 1 year 31.72% NA 14.75%
Median price change - 2 years 31.72% NA 20.00%
  House Townhouses Units
Median weekly rent $700 $550 $480
Median yield % 2.51% NA 5.43%
Median rent change - 1 year 7.69% 10.00% 6.66%
  House Units
Previous month sales 3 12
Stock on market previous month 13 36
Stock variance vs. last year 333.33% -28.00%
Average days on market 128 76

Lakemba investment property listings

Showing 2 of 2 investment properties found in Lakemba on realestateinvestar.com.au

3/63 Moreton St, Lakemba

$539,000

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BELMORE BORDER

Ideally positioned on the Belmore border, this north-facing two-bedroom unit presents an outstanding opportunity for buyers seeking a renovation project with strong future potential. The unit features an open original kitchen that leads to the spacious living area, filled with natural light from ...

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NSW 2195


13/42-44 Fairmount St, Lakemba

$549,999

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LOCK UP GARAGE - Great value.

Capturing a leafy outlook from the 1st floor of this immaculate block is a spacious 2 bedroom home unit. The unit boasts new floating timber flooring throughout and has recently been painted. The huge living room has sliding glass doors leading to the private balcony. Both bedrooms are spacious ...

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NSW 2195


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