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Sold on 17 May 2024 for $582,000

5/20 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 134m2
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Property Details for 5/20 Fairmount St, Lakemba

5/20 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Floor Size
134m2
Local Government
Canterbury-Bankstown
Lot/Plan
5/SP31595

Last Listing description (May 2024)

Block of 10 on a huge land size of 1796sm. Don't hesitate any further to secure this jumbo size unit close to all amenities in Lakemba. Natural light filled and great size internally. A full size separate dining room and a workshop in the garage is an added bonus to this unit. Renovated bathroom and updated kitchen with plenty of storage. Good size lounge off the balcony. 2 sizable bedrooms all with built-ins. 2 toilets, a tandem lock up garage for car and workshop. This would make the perfect start for a growing family who is looking to enter the real estate market as owner occupier. An investor can secure a great rental return as property is currently tenanted on an ongoing basis.

Features include:

*1st floor location
* Good size lounge off balcony
* Separate dining room
* Large 2 bedrooms with built-ins
* Updated kitchen with plenty of storage
*Renovated Bathroom
* Internal laundry with 2nd toilet
* Big Size lock up garage + workshop
* Security complex

The list goes on and on…
Make an offer and Reward yourself as this beauty will go fast…
Call Navid on 0402 604 766 today for an inspection

Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries

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Property History for 5/20 Fairmount St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$582,000
17 May 2024
Listed for Rent
$430/w
05 Dec 2021
  • 10 May 2024
    Sold for $582,000
  • 01 May 2024
    Listed for Sale Sold by Navid Nawaz 0402604766
  • 22 Nov 2021
    Listed for Rent $430 / week
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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.

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