OFF MARKET

2/5 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 1014m2
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Property Details for 2/5 Fairmount St, Lakemba

2/5 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1014m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1965
Floor Size
64m2
Land Size
1014m2
Local Government
Canterbury-Bankstown
Lot/Plan
2/SP5839

Last Listing description (December 2023)

CALL AMYN on 0499888223 to BOOK PRIVATE INSPECTION

Here is presenting a great opportunity to purchase a property, that can appeal any first-time buyer or smart investor.

This unit is located on ground floor, has a wrap-around balcony and floating floors throughout.

For Private Sale - 2 Bedrooms | 1 Bathroom | 1 Separate Toilet|1 Balcony | 1 Garage Space

Features including:
Master Bedroom has Built in robe floor to ceiling, both having windows to get the light in
Kitchen with plenty of storage, fridge nook and adjoining eat-in/dining area
Double Brick Apartment and located on ground floor for easy access
Floating floorboards throughout
Toilet is separate from bath and shower
North-facing wrap-around balcony
Separate laundry with wall mounted dryer
Dedicated car space

Location Advantage:
2 Minutes approx. drive to Wiley Park Station and approx. 4 minutes drive to Lakemba Station
5 Minutes approx. drive to Punchbowl station
5 Minutes approx. drive to Haldon Street Shopping Village, Shops
2 Minutes approx. drive to Peel Park, Reserve and Woolworths
All other public amenities nearby such as Bunnings, Mosque, League Club, Chemist, Restaurants and Cafe

Schools Nearby:
Hampden Park Public School
Wiley Park Girls High School
Lakemba Public School

Suitable for:
Key consideration for Investors: Location is handy, descent rental returns
First-home Buyers/ Owner-Occupiers
Downsizers

Important Information
Strata: $691.80 approx. per quarter
Council: $361 approx. per quarter
Water: $163.20 approx. per quarter

This property represents a fantastic value for its purchaser, contact Amyn on 0499888223 to book a private inspection

DISCLAIMER: Thank You Real Estate, its directors, employees, and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended, or implied. Any interested parties should rely on their own inquiries. Photos used for marketing purposes may have been digitally enhanced and virtually staged. Cancellation or change of open home inspections can occasionally occur due to unforeseen circumstances, so long as you are registered in our system, you will be notified via email/sms. For auction sale properties, prior offers are welcomed, talk to the team for more details.

Property History for 2/5 Fairmount St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$370,000
03 Nov 2023
Listed for Rent
$480/w
08 Sep 2023
  • 03 Nov 2023
    Sold for $370,000
  • 18 Aug 2023
    Listed for Rent $479 / week
  • 07 Mar 2023
    Listed for Sale $390,000
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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 7,251 properties. Over the last 5 years, Houses in Lakemba have seen a 51.71% increase in median value, while Units have seen a 16.92% increase. As at 30 November 2024:

  • The median value for Houses in Lakemba is $1,329,691 while the median value for Units is $488,852.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 32 properties listed for sale, and 31 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 316 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.