OFF MARKET

9/578-580 Punchbowl Road
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 1797m2
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Property Details for 9/578-580 Punchbowl Rd, Lakemba

9/578-580 Punchbowl Rd, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 1797m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1972
Floor Size
59m2
Land Size
1797m2
Local Government
Canterbury-Bankstown
Lot/Plan
9/SP6455

Last Listing description (December 2023)

All investors please note this ideal investment opportunity for your generous return. Currently tenanted at 480/week and ever low strata only 485/q is making it an attractive investment portfolio. Ideally positioned opposite to Parry Park converting it to lifestyle living. Close proximity to both Lakemba and Wiley Park amenities for an ultimate convenience.

Property features-

2 Good size bedrooms

Lounge off balcony
Separate kitchen
Good condition bathroom
Internal laundry
Undercover parking
Park view from balcony

Contact Navid on 0402604766 for any questions or view during open home as advertised.

Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries

Property History for 9/578-580 Punchbowl Rd, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$385,000
14 Jul 2023
Listed for Rent
$520/w
13 Jun 2023
  • 14 Jul 2023
    Sold for $385,000
  • 29 Jun 2023
    Listed for Sale Deposit accepted | Navid Nawaz
  • 19 Jan 2023
    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 7,253 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 35 properties listed for sale, and 46 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 319 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.