FOR SALE
$519,950

3/48 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Great Opportunity For First Home Buyers Or Investors

This sunny elevated ground floor unit is only a 15-minute walk to Wiley Park station and all of the amenities of the Lakemba & Wiley Park CBDs. It offers 2 big bedrooms, and a spacious lounge and dining area. The kitchen is a stylish white poly design with stainless steel appliances and electric cooking. The bathroom is original but neat and has a separate shower, bathtub, and toilet. There is a full-sized internal laundry, not just a cupboard. There is a single-car space. Strata is a low $490.20 per quarter. Internal area of 86.4m2 including the balcony and 99.8m2 in total including the car space.
This is a great opportunity for first-home buyers and investors. This unit is currently rented for $580 per week to a good tenant with a Lease that expires in August 2025. Vacant possession can be negotiated depending on the sale price. Call Graeme on 0410306880 to organize an inspection today.

Property Details for 3/48 Fairmount St, Lakemba

3/48 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 99m2. The place is currently for sale with Ray White Bankstown.

Building Type
Unit
Floor Size
99m2

Commute Calculator

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 7,254 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 48 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Lakemba.

Lakemba Profile Page

Suburb Insights for Lakemba 2195

Visit Lakemba profile page
Market Insights
Lakemba Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Lakemba Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Lakemba profile page
Contact agent
Graeme Rudder
Show contact details
Call agent
Jeremiah Shashati
Show contact details
Call agent
Ray White Bankstown
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED