OFF MARKET

8/550-554 Punchbowl Road
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 1669m2
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Last updated 11 Nov 2024
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Property Details for 8/550-554 Punchbowl Rd, Lakemba

8/550-554 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 78m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1998
Floor Size
78m2
Land Size
1669m2
Local Government
Canterbury-Bankstown
Lot/Plan
8/SP58311

Last Listing description (August 2022)

Perched on the 2nd level of a highly sought after block of home units is a MASSIVE 2 bedroom apartment. This spacious home boasts a modern kitchen with stainless appliances and an internal laundry. The extra-large living area has sliding glass doors leading to a large terrace with an open outlook. There are 2 good size bedrooms and a spacious and modern bathroom. Under this sensational SECURITY COMPLEX is a LOCK UP GARAGE and a STORAGE AREA. Conveniently located opposite Parry Park, 350m to Hampden Park Public School, Rissalah College and Lakemba Mosque whilst Lakemba Station is only 1km away.
Total area: 125sqm Strata Levies: aprox. $689, Rented to quality tenants paying $440. pw.

All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice

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Property History for 8/550-554 Punchbowl Rd, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$500,000
03 Aug 2022
Listed for Rent
$440/w
18 Mar 2020
  • 03 Aug 2022
    Sold for $500,000
  • 16 May 2022
    Listed for Sale $555,000 / XXX LARGE
  • 11 Mar 2020
    Listed for Rent - Price not available
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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.

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