SOLD
Sold on 11 Dec 2023 for $1,100,000

27 Moreton Street
Lakemba NSW 2195

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 104m2
Land area: 487m2
Sold By
Strathfield Partners Real Estate
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Property Details for 27 Moreton St, Lakemba

27 Moreton St, Lakemba is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 487m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Lakemba in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
104m2
Land Size
487m2
Local Government
Canterbury-Bankstown
Lot/Plan
2/DP187513

Last Listing description (June 2024)

This tightly held family home provides immense potential and versatility to renovate to your creative taste or build your dream home on an easement free block of land (STCA).

Enjoying a desirable sunny north facing aspect, this ideal opportunity is on offer with great appeal for first home buyers or savvy investors. Well positioned in a superbly convenient location on the border of Belmore, ready to move in, enjoy now with loads of potential to add further value in the future and capitalise on your investment!

- Main residence - Three (3) generous sized bedrooms with built ins featuring high ceilings,

- Family living room
- Separate eat-in kitchen with adjoining dining area
- 2 bathroom
- Sunny and desirable north facing aspect
- Step outside, and you'll find a very spacious undercover entertaining area that's perfect for hosting family gatherings, barbecues, or simply enjoying the fresh air. This outdoor space overlooks a tidy and low-maintenance backyard, providing a perfect balance of relaxation and convenience.
- Zoned R3 Medium Density Residential
- Total easement free land size approx. 487sqm approx.
- PLUS 1 bedroom fully self-contained granny flat which could be used as an extra money spinner to offset the home loan.

Rear Flat is separated from the main dwelling by a Colourbond fence with its entrance through the side, this rear flat can generate a substantial supplementary income, a home office the perfect teenagers' retreat, or somewhere for family to stay when they visit.

Centrally located and only 750m to Lakemba train station and 900m to Belmore station, a variety of local schools, vibrant cafes and restaurants, Canterbury Leagues Club, main shopping strips including 800m to Aldi and 850m to Woolworths, vast recreational parklands and 14km to Sydney CBD, this is a golden opportunity not to be missed!

Property History for 27 Moreton St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$1,100,000
11 Dec 2023
Listed for Rent
$260/w
05 Oct 2022
  • 11 Dec 2023
    Sold for $1,100,000
  • 14 Nov 2023
    Listed for Sale Not Disclosed
  • 12 Sep 2022
    Listed for Rent $260 / 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 7,250 properties. Over the last 5 years, Houses in Lakemba have seen a 67.15% increase in median value, while Units have seen a 17.33% increase. As at 31 August 2024:

  • The median value for Houses in Lakemba is $1,347,432 while the median value for Units is $472,752.
  • Houses have a median rent of $700 while Units have a median rent of $510.
There are currently 41 properties listed for sale, and 36 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 333 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.