This large 913 square metre block located in the prestigious Fairwinds Estate is ripe for development.
Whether you are looking for a large lot with views to build your dream home, a chance to build a dual occupancy or maybe even subdivide (stca), this block has enormous potential that is hard to duplicate.
The size of Lakewood is approximately 2.2 square kilometres. It has 3 parks covering nearly 24.3% of total area. The population of Lakewood in 2011 was 1,317 people. By 2016 the population was 1,196 showing a population decline of 9.2% in the area during that time. The predominant age group in Lakewood is 60-69 years. Households in Lakewood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakewood work in a trades occupation. In 2011, 80.2% of the homes in Lakewood were owner-occupied compared with 79.1% in 2016.
Lakewood has 704 properties. Over the last 5 years, Houses in Lakewood have seen a 52.23% increase in median value, while Units have seen a 26.56% increase. As at 30 September 2024:
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