5/42 Macdonald StreetLakemba NSW 2195
Property Details for 5/42 Macdonald St, Lakemba
5/42 Macdonald St, Lakemba is a 1 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 744m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (June 2024)
Act Quickly! This delightful Fully Renovated top-floor unit is now available for an off-market sale. If not sold within 3 weeks, the property will be removed from the market and leased. 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
- New Kitchen
- Internal Laundry
- Balcony
- Total Area 55SQM 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. Providing a steady income stream for investors seeking a hassle-free property.
- Council Rates $401 PQ
- Water Rates $180 PQ
- Strata Levies $365 PQ
- Potential Rent $450 - $500 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 top floor unit or investment property!
Property Code: 3220
Property History for 5/42 Macdonald St, Lakemba, NSW 2195
- 17 May 2024Listed for Sale Not Disclosed
- 11 Jan 2023Sold for $274,000
- 30 Jun 2022Listed for Rent $230 / week
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0About 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.
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