OFF MARKET

7/550-554 Punchbowl Road
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 1669m2
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Property Details for 7/550-554 Punchbowl Rd, Lakemba

7/550-554 Punchbowl Rd, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 1669m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1998
Floor Size
121m2
Land Size
1669m2
Local Government
Canterbury-Bankstown
Lot/Plan
7/SP58311

Last Listing description (October 2021)

Enriched by an elevated leafy outlook and abundant natural light, this stylish full brick apartment has been designed to offer comfort, peace and low-maintenance living. It creates an exclusive investment option or an ideal first home with space to add personal touches. The well-kept complex is located footsteps from Lakemba Station and its neighbouring shops and cafes.

- Timber flooring complements the spacious lounge and dining area
- Interiors lengthen out to a full-length balcony with sweeping views

- Covered balcony provides a relaxed all-season setting to entertain
- Original kitchen appointed with stainless steel appliances, storage
- Two well-scaled bedrooms are each fitted with built-in wardrobes
- Full main bathroom in addition to a guest w/c and internal laundry
- Air conditioning, fresh neutral colour scheme with timber flooring
- Impressive investment/first home prospect in convenient location
- Single lock-up garage, secure brick building with intercom access
- Footsteps to local restaurants, quality schools and sporting grounds

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 7/550-554 Punchbowl Rd, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$557,500
06 Oct 2021
  • 06 Oct 2021
    Sold for $557,500
  • 02 Oct 2021
    Listed for Sale UNDER OFFER
  • 18 May 2011
    Sold for $319,000
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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 7,255 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.