SOLD
RECENT ADVICE
Sold on 11 Apr 2024 for $357,500

4/26 Macdonald Street
Lakemba NSW 2195

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 773m2
Sold By
L H Brown & Co Belmore
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Property Details for 4/26 Macdonald St, Lakemba

4/26 Macdonald St, Lakemba is a 1 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 773m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
55m2
Land Size
773m2
Local Government
Canterbury-Bankstown
Lot/Plan
4/SP31651

Last Listing description (July 2024)

This delightful, first floor unit overlooking Macdonald Street and nature reserve, is now available for sale, presenting an exceptional opportunity for first-time buyers, downsizers, or savvy investors.

Situated in a prime location, this unit offers convenience at your doorstep. Within minutes, you'll find yourself immersed in the vibrant local Lakemba shopping centre, primary and secondary schools, and Lakemba Railway Station just a short stroll away.

Unit Hightlights:

- 1 Bedroom

- Living \ Dinning Area

- Updated Kitchen

- Separate Laundry with storage

- Balcony

- Total Area 64SQM plus Car space

- Well Maintained Building

Whether you're a first-time buyer or an astute investor, this unit presents an affordable entry into the thriving local real estate market. Currently leased, providing a steady income stream for investors seeking a hassle-free property.

- Council Rates $401 PQ

- Water Rates $180 PQ

- Strata Levies $630 PQ

- Currently Leased For $380 PW

Don't miss out on this fantastic opportunity to own a piece of Lakemba charm. Contact us today to schedule a viewing and take the first step towards making this delightful ground floor unit your new home or investment property!

Property Code: 3178

Property History for 4/26 Macdonald St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$357,500
11 Apr 2024
Listed for Rent
$340/w
02 Dec 2022
  • 11 Apr 2024
    Sold for $357,500
  • 04 Apr 2024
    Sold for $357,500
  • 14 Mar 2024
    Listed for Sale Not Disclosed
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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 7,209 properties. Over the last 5 years, Houses in Lakemba have seen a 61.63% increase in median value, while Units have seen a 17.80% increase. As at 31 July 2024:

  • The median value for Houses in Lakemba is $1,278,155 while the median value for Units is $471,508.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 27 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 344 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.