16/578-580 Punchbowl RoadLakemba NSW 2195
Property Details for 16/578-580 Punchbowl Rd, Lakemba
16/578-580 Punchbowl Rd, Lakemba is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.
Last Listing description (May 2024)
Ideally positioned opposite to Parry Park converting it to lifestyle living. Close proximity to both Lakemba and Wiley Park amenities for an ultimate convenience.
All investors please note this ideal investment opportunity for your generous return. Currently tenanted at 500/week managed by owner, whereas market rent 550/w and ever low strata only 485/q is making it an attractive investment portfolio.
Property features
Lounge off balcony
Separate kitchen
Good condition bathroom
Internal laundry
Tiled floor
Aircon x1
Tandem garage for 2 x car
Park view from balcony
Amenities:
Next to popular Parry Park for your morning and evening walk
Multiple muslim and catholic and public schools
Walk to Lakemba train station and Wangee road mosque
Enjoy the eatery and supermarket in Lakemba
Short drive to Burwood/Bankstown/Roselands/Campsie shopping center.
Contact Navid on 0402604766 for any questions or view during open home as advertised.
Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries
Property History for 16/578-580 Punchbowl Rd, Lakemba, NSW 2195
- 17 May 2024Listed for Rent $550 / week
- 02 May 2024Sold for $430,000
- 28 Mar 2024Listed for Sale Sold by Navid Nawaz 0402604766
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0About 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.
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