SOLD
RECENT ADVICE
Sold on 06 Nov 2023 for $379,000

7/55 Colin Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 7/55 Colin St, Lakemba

7/55 Colin St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Local Government
Canterbury-Bankstown
Lot/Plan
7/SP16764

Last Listing description (November 2023)

Offering you a quality apartment in popular Colin Street, the two-bedroom unit offers the astute investor or home buyer a beautiful opportunity to acquire in a small block of 8.

Some key features include:
-Two spacious bedrooms

-Clean & tidy kitchen
-Timber flooring & tiled wet areas
-Neat bathroom
-Spacious balcony
-Registered car space
-Leased to a long-term tenant

Too many features to list, so an inspection is a must!

Strata fees: $745 per quarter approx.
Council rates: $401 per quarter approx.
Water rates: $180.38 per quarter approx.

Contact John Yatman on 0423 344 868 or Ali Ibrahim on 0484 225 737

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy; we do not accept any
responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own inquiries

Property History for 7/55 Colin St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$379,000
06 Nov 2023
Listed for Rent
$350/w
08 Feb 2022
  • 30 Oct 2023
    Sold for $379,000
  • 11 Oct 2023
    Listed for Sale UNDER OFFER
  • 08 Feb 2022
    Listed for Rent $350 / 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 7,244 properties. Over the last 5 years, Houses in Lakemba have seen a 67.15% increase in median value, while Units have seen a 17.33% increase. As at 31 August 2024:

  • The median value for Houses in Lakemba is $1,347,432 while the median value for Units is $472,752.
  • Houses have a median rent of $700 while Units have a median rent of $510.
There are currently 37 properties listed for sale, and 36 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 332 properties were sold in the past 12 months in Lakemba.

Suburb Insights for Lakemba 2195

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Contact agent
John Yatman
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Ali Ibrahim
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Ray White Punchbowl
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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.