5/55 Fairmount StreetLakemba NSW 2195
Property Details for 5/55 Fairmount St, Lakemba
5/55 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 95.7m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Lakemba in the last 12 months.
Last Listing description (June 2024)
This charming 2 bedroom, 1 bathroom + Lock Up Garage apartment located at 5/55 Fairmount Street in Lakemba is the perfect opportunity for first home buyers or investors. With a spacious garage and a large area of 95.7 sqm, this property offers plenty of potential.
Potential Rental return : $600/ week
# Outgoings bellow :
* Water : $185 / Quarter
* Strata : $673 / Quarter
The property features a modern design with high-quality accessories and finishes throughout. The open floor plan allows for plenty of natural light, creating a bright and inviting space. Al rooms are fully air-conditioned with updated floors .
Located in a desirable neighbourhood with easy access to parks, shops, and public transportation, this property offers convenience and comfort. Don't miss out on this fantastic opportunity - contact Rahat Ferdaus on 0432520856 for more information and to schedule a viewing today! Price Upon Application.
Property History for 5/55 Fairmount St, Lakemba, NSW 2195
- 26 Jun 2024Sold for $475,000
- 29 May 2024Listed for Sale Deposit Taken |Rahat Ferdaus Jp |
- 12 Jan 2022Listed for Rent $450 / 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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