SOLD
Sold on 31 Jan 2024 for $390,000

3/55 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 911m2
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Property Details for 3/55 Fairmount St, Lakemba

3/55 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 911m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
100m2
Land Size
911m2
Local Government
Canterbury-Bankstown
Lot/Plan
3/SP4224

Last Listing description (March 2024)

This homely apartment would suit the most fastidious of buyers. Polished timber floors flow through out. There is an X-LARGE EAT-IN-KITCHEN with separate dining area, and an internal laundry. The balcony adjoins the living room and both bedrooms have large built-in-robes and quality window furnishing. There is a FULLY RENOVATED bathroom and a study nook in the hallway. Situated on the ground floor of a very neat strata complex which is conveniently located 170m to Parry Park, and 2 kids playgrounds. Lakemba Station and Woolworths Shopping center is approx. 800m away as is the soon to be completed Metro Line. Approx. 30 mins driving to Sydney Airport.
Unit area: 80.8 sqm, Strata Levies: approx. $673.46 Potential Rental $480 per week.

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 3/55 Fairmount St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$390,000
31 Jan 2024
Listed for Rent
$360/w
13 Sep 2018
  • 31 Jan 2024
    Sold for $390,000
  • 06 Nov 2023
    Listed for Sale Not Disclosed
  • 26 Aug 2022
    Sold for $340,000
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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 7,256 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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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.