5/117-119 Ernest Street

Lakemba NSW 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.