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Sold on 06 Feb 2024 for $480,000

5/108 Ernest Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
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Property Details for 5/108 Ernest St, Lakemba

5/108 Ernest St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Floor Size
101m2
Local Government
Canterbury-Bankstown
Lot/Plan
5/SP6662

Last Listing description (February 2024)

Welcome to 5/108 Ernest Street, Lakemba! This charming unit is now available for sale, offering a comfortable and convenient lifestyle in a highly sought-after location.

Featuring 2 spacious bedrooms and 1 well-appointed bathroom, this property is perfect for first-time buyers, small families, or investors looking to expand their portfolio. The bedrooms are generously sized, providing ample space for relaxation and personalization.

''NEAT AND TIDY-LOCK UP GARAGE' n Positioned Perfectly on the Top Floor you will find this Well Presented and Spacious 2 Bedroom Unit. Located in Lakemba's most sought after Areas ,This Neatly Presented Residence is defiantly the Pick of the lot. The Unit Boasts, - 2 Bedrooms (Built In Wardrobe) -

* Balcony Off Spacious Living Room - Neat and Tidy Kitchen -
* Original yet Neat Bathroom - Internal Laundry -
* LOCK UP GARAGE - Security Block -
* Total 101 Square Meters Be Quick and Secure this Ideal Opportunity.

Situated in a well-maintained complex, this unit offers a cozy and inviting ambiance. The open-plan living and dining area provide a versatile space to entertain guests or simply unwind after a long day. The kitchen is equipped with modern appliances, making cooking a breeze.

Located in the heart of Lakemba, this property is surrounded by an array of amenities. Enjoy the convenience of being just moments away from local shops, cafes, restaurants, and public transportation options. With easy access to major roads and highways, commuting to the city or other suburbs is a breeze.

The price guide for this property is Just Listed, presenting an excellent opportunity for buyers to secure a fantastic investment or a place to call home. Don't miss out on this incredible chance to own a property in this highly sought-after area.

Note: View all our properties on landandlease.com.au Land and Lease Realty Most Recommended Agent No 1 in Lakemba and Wiley Park.

Disclaimers: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 5/108 Ernest St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$480,000
06 Feb 2024
  • 24 Jan 2024
    Sold for $480,000
  • 15 Jan 2024
    Listed for Sale DEPOSIT TAKEN
  • 14 Dec 2020
    Sold for $300,000
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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 7,254 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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Sunil Khandal
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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.