SOLD
Sold on 24 May 2024 for $387,500

5/70 Wangee Road
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 1091m2
Sold By
Pace Property Agents Greenacre
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Property Details for 5/70 Wangee Rd, Lakemba

5/70 Wangee Rd, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1091m2 and floor size of 56m2. 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
Year Built
1975
Floor Size
56m2
Land Size
1091m2
Local Government
Canterbury-Bankstown
Lot/Plan
5/SP10543

Last Listing description (July 2024)

Crafted to appeal to those who appreciate a blend of style and simplicity, this sun-drenched apartment epitomises a lifestyle of modern minimalism. Featuring open interiors and two generously proportioned bedrooms, it offers a turnkey opportunity, ideal for first-home buyers or astute investors seeking high rental yields. The property is nestled within a boutique block and is located just 950m from Lakemba Station, diverse dining and Parry Park.

- Spacious lounge is enhanced with neutral tones and seamless outdoor flow
- Sliding doors extend out onto a balcony, perfect space to relax or unwind

- Well-maintained kitchen outfitted with quality appliances, cupboard space
- Two good-sized bedrooms are each fitted with split-system air-conditioning
- Sleek full bathroom offers floor-to-ceiling tiles and a separate bath/shower
- Air-conditioning, first-floor position, neutral colour tones used throughout
- Exceptionally located investment option within an area of growth/demand
- Readymade first home or family base with scope to add personal touches
- Single car space, internal laundry, boutique complex with tidy landscaping
- Walk to an array of schools and daycare facilities, gymnasiums and transport

DISCLAIMER: While PACE Property Agents have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. PACE Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.

Property History for 5/70 Wangee Rd, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$387,500
24 May 2024
Listed for Rent
$380/w
08 Jun 2022
  • 24 May 2024
    Sold for $387,500
  • 06 Mar 2024
    Listed for Sale Not Disclosed
  • 06 Apr 2022
    Listed for Rent $380 / 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 49 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Lakemba.

Suburb Insights for Lakemba 2195

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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.