FOR SALE
$429,000

2/53 Wangee Road
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
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WANGEE ROAD LOCATION

Sitting on the lower level of a tidy block is a spacious 2 bedroom unit with ceramic tiled floors throughout. There are 2 extra-large bedrooms, an original open plan kitchen adjoining a HUGE lounge room with separate dining area. There is an internal laundry, a balcony off the lounge room and a registered car space at the rear of the complex.
Conveniently located 80m to Lakemba Mosque and 1100m to Lakemba Station. This unit would suit the smart investor where location is important.
Total area: 87.3 Rented at $470 pw, Strata Levies: approx. $810 ¼
STRATA REPORT AVAILABLE: https://beforeyoubuy.com.au/reports/unit-2-53-wangee-road-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 2/53 Wangee Rd, Lakemba

2/53 Wangee Rd, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 87m2. The place is currently for sale with Knapton Property Agents.

Building Type
Unit
Floor Size
87m2

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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 7,255 properties. Over the last 5 years, Houses in Lakemba have seen a 53.62% increase in median value, while Units have seen a 19.54% increase. As at 31 October 2024:

  • The median value for Houses in Lakemba is $1,315,385 while the median value for Units is $486,791.
  • Houses have a median rent of $720 while Units have a median rent of $520.
There are currently 36 properties listed for sale, and 46 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Lakemba.

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Luke Knapton
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Grace Thomson
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