Strategically located in the highest street of Fairwinds Estate. Adjoined by new and near new properties which would achieve million dollar values if offered for sale. The elevated location offers potential for sweeping northward views including Queens Lake and beyond to mountain ranges. A short, invigorating walk down to Lakewood Shopping Complex and the shores of Queens Lake, boat ramp & walking trail to Laurieton. Land size 805m. Concept plans available to construct a residence which would produce a potential value in the mid $700,000 region on completion. Buy the land, pay stamp duty on the land, build your dream home.
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 55.81% increase in median value, while Units have seen a 24.77% increase. As at 31 October 2024:
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