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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 $1,495,000 and this has changed 35.90% over the past year and changed 35.90% over 2 years.

The median rent in Lakemba for houses is $675 per week and the median rental yield is 2.34%. Stock on the market for houses/townhouses has changed 160.00% compared to last year and the average time to sell a house/townhouse is 91 days.The median listing price for units is $450,000 and this has changed 12.50% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Lakemba is $480 per week, producing a rental yield of 5.54%.

Supply & Demand in Lakemba, Canterbury-Bankstown

1.72%

Current vacancy rate


104

Rental stock available


17,019

Population


50.47%

Rental population


1.10%

Current vacancy rate


1,625

Rental stock available


346,298

Population


32.78%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Lakemba, Canterbury-Bankstown

  House Townhouses Units
Median listing price $1,495,000 NA $450,000
Median price change - last quarter 0.33% NA 1.12%
Median price change - 1 year 35.90% NA 12.50%
Median price change - 2 years 35.90% NA 18.42%
  House Townhouses Units
Median weekly rent $675 $550 $480
Median yield % 2.34% NA 5.54%
Median rent change - 1 year 5.46% 10.00% 6.66%
  House Units
Previous month sales 7 13
Stock on market previous month 13 39
Stock variance vs. last year 160.00% -18.75%
Average days on market 91 75

Lakemba investment property listings

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