SOLD
Sold on 29 Oct 2024 for $1

28 Barremma Road
Lakemba NSW 2195

Bedrooms: 16
Bathrooms: 8
Car spaces: 8
Floor area: 72m2
Land area: 759m2
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Property Details for 28 Barremma Rd, Lakemba

28 Barremma Rd, Lakemba is a 16 bedroom, 8 bathroom House with 8 parking spaces and was built in 1979. The property has a land size of 759m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 16 bedroom House sold in Lakemba in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
72m2
Land Size
759m2
Local Government
Canterbury-Bankstown
Lot/Plan
Y/DP385315

Last Listing description (October 2021)

A readymade investment, this valuable property presents a rare opportunity to acquire an entire block of 8 brick and tiled apartments in a highly central setting. The tidy building is in a leafy neighbourhood, a stroll to shops, cafs and Lakemba Station.

- sixteen X two bedroom units and eight car spaces
- Positioned on 758sqm allotment in peaceful surrounds

- Each residence varies slightly in size, layout and aspect
- All have open plan living/dining area with door to balcony
- Neat kitchen with practical appliances and ample cabinetry
- Laundries on each level, fully appointed bathrooms
- Option to add further value if desired
- Low maintenance grounds with side fences and lawn out front
- Near schools, walk to Fairmount Street Reserve and Parry Park

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Property History for 28 Barremma Rd, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$1
29 Oct 2024
Listed for Rent
$280/w
28 May 2013
  • 29 Oct 2024
    Sold for $1
  • 19 Oct 2021
    Listed for Sale Contact Agent
  • 16 Sep 2021
    Sold for $2,900,000
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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 7,252 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 34 properties listed for sale, and 32 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Lakemba.

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