FOR SALE
For Sale $1.6-1.76m Each Lot

69-71 Yangoora Road
Lakemba NSW 2195

Bedrooms: 6
Bathrooms: 4
Car spaces: 6
Land area: 1400m2
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Two Solid Family Homes with Rare Opportunity

The site is ideally located at desirable Canterbury-Bankstown Council, just 15 km from Sydney CBD, the area is with huge population growth. This property features two solid brick/tile homes in a highly sought-after area of Lakemba, with High-Density R4 Zoning. It offers family-friendly living for ordinary home buyers and is a rare opportunity as a boutique development project at the prime location with strong capital growth potential. Both property worth $1.6m--1.75m each, can be sold in one line or individually.
The properties are for sale by tender.
Land Details:
- Land Size: Approximately 1,400 sqm
- Frontage: Combined frontage of 30.50m approx.
- Depth: Approximately 46m
- Development Potential: Ability to build 8 or 9 x 3–4-bedroom townhouses (STCA)
Property Features:
- R4 High Density Zoning, SFR 0.75:1, with 8.5m Height, GFA 1050sqm (STCA)
- Two brick and tile roof homes, each with 3 bedrooms and multiple living areas.
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Property Details for 69-71 Yangoora Rd, Lakemba

69-71 Yangoora Rd, Lakemba is a 6 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 1400m2. The place is currently for sale with LJ Hooker Gordon.

Building Type
House
Land Size
1400m2

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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 49 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Lakemba.

Suburb Insights for Lakemba 2195

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Tom Gu
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LJ Hooker Gordon
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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.