FOR SALE
$429,999

8/54 Macdonald Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
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GREAT VALUE - Make an offer.

Located on the top floor with a North Westerly aspect in this sought after complex is a spacious and updated 2 bedroom unit with a popular SQUARE FLOOR PLAN. The unit has a large eat-in-kitchen with an adjoining internal laundry. There is a balcony off the lounge room, a neat bathroom and a registered car space at the side of the block. Conveniently located 800m to Lakemba Station and Shops and only 200m to Parry Park.
Potential Rental approx $480pw to $500pw, Strata Levies: approx. $826.60 ¼, Total area: 75sqm.
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 8/54 Macdonald St, Lakemba

8/54 Macdonald St, Lakemba is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 75m2. The place is currently for sale with Knapton Property Agents.

Building Type
Apartment
Floor Size
75m2

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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 7,254 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 49 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 322 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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