SOLD
Sold on 18 Oct 2023 for $395,000

8/60 Colin Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 742m2
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Property Details for 8/60 Colin St, Lakemba

8/60 Colin St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 742m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
65m2
Land Size
742m2
Local Government
Canterbury-Bankstown
Lot/Plan
8/SP40441

Last Listing description (January 2022)

Land And Lease Realty offering you an ideal unit in one of Lakemba's best locations. With walking distances to local schools, Lakemba train station, Lakemba shops, also walking distance to Lakemba mosque.
This well appointed top-floor 2 bedroom apartment is located in a small well maintained block located within easy care access to all local amenities Lakemba has to offer.

With abundant natural light streaming throughout the unit , this unit presents a fantastic opportunity for all 1st home buyers looking to get into the market or for those savvy investors after a secure return.

Unit Features:

* Two generous sized bedrooms both with built-ins , main with balcony access
* Bright and airy living and dining areas
* Tiled living areas throughout
* Neat and tidy bathroom
* Clean and tidy eat in kitchen
* Laundry and storage
* Lock-up garage with bonus car space
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Property History for 8/60 Colin St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$395,000
18 Oct 2023
Listed for Rent
$370/w
04 Jan 2022
  • 18 Oct 2023
    Sold for $395,000
  • 29 Nov 2021
    Listed for Rent $370 / week
  • 30 Sep 2021
    Sold
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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 7,250 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 41 properties listed for sale, and 36 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 333 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.