SOLD
Sold on 29 Nov 2023 for $370,000

2/2 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 13410m2
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Property Details for 2/2 Fairmount St, Lakemba

2/2 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 13410m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
72m2
Land Size
13410m2
Local Government
Canterbury-Bankstown
Lot/Plan
2/SP5308

Last Listing description (May 2017)

Positioned in an affordable price range, this generous two bedroom apartment will appeal to first home buyers and investors alike. It's located on the first floor of a well maintained complex, you will appreciate the short distance to local schools, parklands, shops and public transport.
- Generous layout featuring spacious eat in kitchen
- Separate lounge enjoying balcony access

- Up to date kitchen is complemented with sufficient storage
- Two generous bedrooms, both with built-in wardrobes
- Good sized contemporary bathroom with separate shower, internal laundry
- Easy care investment with good potential and rental prospects
- Register car space, stroll to trains, shops & cafe Lakemba & Wiley Park station

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Property History for 2/2 Fairmount St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$370,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $370,000
  • 31 Mar 2017
    Sold for $410,000
  • 06 Mar 2017
    Listed for Sale Sold
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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.

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