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4/55 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 96m2
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Property Details for 4/55 Fairmount St, Lakemba

4/55 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in Lakemba in the last 12 months.

Building Type
Apartment
Land Size
96m2

Last Listing description (April 2024)

Welcome to 4/55 Fairmount Street, Lakemba! This charming 2-bedroom, 1-bathroom apartment + 1 Lock up Garage , is a perfect opportunity for first-time buyers or investors.
This homely apartment would suit the most fastidious of buyers. Modern tiled 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 original bathroom plus a nice the hallway.

Situated on the 1st floor of a very neat strata complex which is conveniently located 170m to Parry Park, and 2 kids playgrounds. Lakemba Station and Woolworths Shopping centre is approx. 800m away as is the soon to be completed Metro Line. Approx. 30 mins driving to Sydney Airport.

Strata Levies: approx. $673.46 / quarter
Potential Rental $550 per week.

Property History for 4/55 Fairmount St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
01 Apr 2024
  • 18 Mar 2024
    Sold for $455,000
  • 14 Feb 2024
    Listed for Sale SOLD by Rahat Ferdaus $455,000
  • 28 Apr 2007
    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 7,251 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 32 properties listed for sale, and 31 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 316 properties were sold in the past 12 months in Lakemba.

Suburb Insights for Lakemba 2195

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Contact agent
Rahat Ferdaus
Show contact details
Ray White AusBan
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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.