OFF MARKET

1/586-588 Punchbowl Road
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 1361m2
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Property Details for 1/586-588 Punchbowl Rd, Lakemba

1/586-588 Punchbowl Rd, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 1361m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1978
Floor Size
69m2
Land Size
1361m2
Local Government
Canterbury-Bankstown
Lot/Plan
1/SP13455

Last Listing description (July 2022)

A street & park facing large Unit featuring with 2 good-sized bedrooms one with built-in-robe, formal lounge, eat-in-kitchen, clean bathroom with internal laundry, 18sqm lock up garage with separate store room, balcony with view and total size is 90sqm (approximately).

Located in front of Parry Park, walking distance to train station, shopping center, schools and all other important amenities.

Low Strata $527 per quarter & Council Rate $320 per quarter (approximately). Ideal for 1st home or excellent investments, rental anticipation would be $380 per quarter.

All these and much more. Vendor instructions is clear SELL THE PROPERTY, so don't miss this opportunity!!

ADDRESS: 1/586 Punchbowl Road Lakemba NSW 2195
INSPECTION: Saturday's 11:00 to 11:30PM

Contact Kamal Ali on 0422 123 347 and Sam Mehedi on 0405 662 155

Property History for 1/586-588 Punchbowl Rd, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$410,000
12 Apr 2022
  • 12 Apr 2022
    Sold for $410,000
  • 07 Dec 2021
    Listed for Sale $429,000
  • 24 Mar 2000
    Sold for $118,000
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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 7,255 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 50 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.