OFF MARKET

106 Sproule Street
Lakemba NSW 2195

Bedrooms: 12
Bathrooms: 6
Car spaces: 5
Floor area: 73m2
Land area: 650m2
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Last updated 11 Nov 2024
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Property Details for 106 Sproule St, Lakemba

106 Sproule St, Lakemba is a 12 bedroom, 6 bathroom House with 5 parking spaces and was built in 1972. The property has a land size of 650m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1972
Floor Size
73m2
Land Size
650m2
Local Government
Canterbury-Bankstown
Lot/Plan
65/DP7262

Last Listing description (February 2023)

Presenting to the market a rare opportunity for Investors, SMSF and companies with outstanding growth and excellent annual returns, to jump on! Tightly held by the same family for over 35 years, these impeccably-maintained units are sure not to be missed.

Entire block comprises:
* Fully tenanted dual level building of 6 x 2 bedroom apartments

* Open plan living and dining areas with sunlit north-facing balconies
* Generous kitchens
* Modern bathrooms with separate shower and bath tub
* Internal laundry facilities in each
* Three single lock up garages
* Two car spaces
* Common storage room
* Opportunity to convert to Strata Title

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Property History for 106 Sproule St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$2,320,000
06 Dec 2022
Listed for Rent
$330/w
07 Nov 2014
  • 06 Dec 2022
    Sold for $2,320,000
  • 03 Nov 2021
    Sold
  • 19 May 2021
    Listed for Sale FOR SALE I UNDER CONTRACT
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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 46 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 319 properties were sold in the past 12 months in Lakemba.

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