5/48 Macdonald St, Lakemba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 744m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Situated on the top floor in a complex of 8 units, this full brick unit is the ideal starter home or perfect investment for an astute investor. Ticking all the boxes and only 800m to Lakemba Train Station, this is a must on your inspection list. Some features include:
- One bedroom with its own balcony
- Neat kitchen with dining space
Internal size: 53sqm
Outgoings:
Water Rates: $180 per quarter
Strata Rates: $1600 per year
Council Rates $1600 per year
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:
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