FOR SALE
$499,999

11/23 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
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RENOVATED and OVERSIZED

Located on the top floor of a quality security complex is a tastefully renovated 2-bedroom unit with a leafy outlook. As you enter the spacious living area you will feel the year-round comfort created by the air conditioner and floating timber floors. There is an adjoining balcony overlooking the park with a sunny aspect. The modern kitchen is complete with quality appliances (white goods included) and ample cupboard space. The generous bedrooms both have built in wardrobes with the main sharing the leafy outlook and boasting a 2nd air conditioner. The lock up garage is at the rear of the complex and a common area storage room is on the lower level. The complex is conveniently located only 750m from Lakemba Station, Woolworths and Lakemba’s main shopping strip.
Rental Return: approx. $520 pw, Strata Levies: $1078 ¼, Total Area: 96.6 sqm.
STRATA REPORT AVAILABLE: https://beforeyoubuy.com.au/reports/unit-11-23-fairmount-street-lakemba-nsw-2195/strata
All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.

Property Details for 11/23 Fairmount St, Lakemba

11/23 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 96m2. The place is currently for sale with Knapton Property Agents.

Building Type
Unit
Floor Size
96m2

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About Lakemba 2195

The size of Lakemba is approximately 2.2 square kilometres. It has 11 parks covering nearly 6.7% of total area. The population of Lakemba in 2011 was 15,507 people. By 2016 the population was 17,011 showing a population growth of 9.7% in the area during that time. The predominant age group in Lakemba is 30-39 years. Households in Lakemba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakemba work in a labourer occupation. In 2011, 44.9% of the homes in Lakemba were owner-occupied compared with 39.1% in 2016.

Lakemba has 7,252 properties. Over the last 5 years, Houses in Lakemba have seen a 51.71% increase in median value, while Units have seen a 16.92% increase. As at 30 November 2024:

  • The median value for Houses in Lakemba is $1,329,691 while the median value for Units is $488,852.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 34 properties listed for sale, and 32 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Lakemba.

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Grace Thomson
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Luke Knapton
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Knapton Property Agents
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