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Sold on 09 Oct 2024 for $480,000

12/61-63 Macdonald Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
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Property Details for 12/61-63 Macdonald St, Lakemba

12/61-63 Macdonald St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
76m2
Local Government
Canterbury-Bankstown
Lot/Plan
12/SP20111

Last Listing description (October 2024)

Step inside this XX LARGE 2-bedroom unit with lock-up garage, located only 800m from Lakemba Station. The unit boasts tiled flooring throughout, with an oversized eat-in kitchen and separate internal laundry. There is a sunny spacious balcony off the living space, an original but tidy bathroom, and two good sized bedrooms with a built-in wardrobe in the main. Located only 750m from Lakemba Woolworths.
Potential rental: approx. $550 per week. Strata Levies: $658.75 1/4 Total Area: 102sqm

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.

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Property History for 12/61-63 Macdonald St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$480,000
09 Oct 2024
Listed for Rent
$300/w
17 Dec 2021
  • 09 Oct 2024
    Sold for $480,000
  • 26 Aug 2024
    Listed for Sale $489,000
  • 01 Dec 2021
    Listed for Rent $300 / week
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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 7,244 properties. Over the last 5 years, Houses in Lakemba have seen a 62.26% increase in median value, while Units have seen a 19.71% increase. As at 30 September 2024:

  • The median value for Houses in Lakemba is $1,350,652 while the median value for Units is $484,068.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 46 properties listed for sale, and 32 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 335 properties were sold in the past 12 months in Lakemba.

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