OFF MARKET

1/55 Fairmount Street
Lakemba NSW 2195

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 911m2
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Property Details for 1/55 Fairmount St, Lakemba

1/55 Fairmount St, Lakemba is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 911m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1969
Floor Size
79m2
Land Size
911m2
Local Government
Canterbury-Bankstown
Lot/Plan
9/SP4224

Last Listing description (May 2021)

Ray White Lakemba Proudly presents you with this exceptional opportunity for first home buyers and investors, all investors please note that this 3 Bedroom unit, conveniently located in popular Fairmount street is currently tenanted for $450/week for secure return. It is within close proximity to Lakemba station, shops, eateries and Parry parks.

- Accommodation comprises three comfortable bedrooms, out of which 2 bedrooms have built-in wardrobes.
- Open plan lounge and Kitchen.

- Secure Lock-up garage.
- Walking distance to bus and train services and Hampden Park Public School, close to supermarkets.

Inspect during open home or call Navid on 0402 604 766 for a private inspection.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy; we do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries.

Property History for 1/55 Fairmount St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$385,000
27 Oct 2020
  • 27 Oct 2020
    Sold for $385,000
  • 24 Jul 2020
    Listed for Sale $420,000 - $440,000

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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.

Suburb Insights for Lakemba 2195

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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.