SOLD
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Sold on 09 Sep 2024 for $352,000

2/55 Colin Street
Lakemba NSW 2195

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
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Property Details for 2/55 Colin St, Lakemba

2/55 Colin St, Lakemba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Floor Size
70m2
Local Government
Canterbury-Bankstown
Lot/Plan
2/SP16764

Last Listing description (September 2024)

Located on the ground floor is a well presented 1 bedroom unit. The unit boasts a large bedroom with a built in wardrobe and tiled floors through out. There is an updated kitchen and a neat serviceable bathroom. The kitchen hosts the internal laundry and there is a balcony off the bedroom. At the rear of this tidy block is a registered car space. A great opportunity to secure an excellent investment or 1st home.
Currently Rented at $330 pw (POTENTIAL TO INCREASE), Strata Levies: $783 1/4 Total area: 70sqm.

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.

Property History for 2/55 Colin St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$352,000
09 Sep 2024
Listed for Rent
$250/w
17 Nov 2020
  • 17 Aug 2024
    Sold for $355,000
  • 14 Aug 2024
    Listed for Sale $369,950
  • 22 Feb 2024
    Sold for $335,000
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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 7,254 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.

Suburb Insights for Lakemba 2195

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Luke Knapton
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Grace Thomson
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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.