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Lakemba
NSW, 2195 - Canterbury-Bankstown

Thinking about buying in Lakemba? Now could not be a better time, with 8816 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $885,000 with prices in this suburb ranging from $26,000 to $27,872,000. Lakemba is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $381.31
Median Monthly Mortgage $1828.56
Median Persons Per Bedroom 1.27
Average Household Size 3.00
Average Age 34.22
Average Income $564.28
Average Cars Per Dwelling 1.34
Average Properties Within 50M 58

Housing Stock

Average Property Prices

1 Bed  $771,000
2 Bed  $597,000
3 Bed  $1,453,000
4 Bed  $1,406,000
5 Bed  $1,923,000
6 Bed+$1,947,000

Lakemba Real Estate Market Outlook

In Lakemba there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Lakemba is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Lakemba changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Lakemba we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lakemba a better buying opportunity than it may have been in the past.

Properties for sale Lakemba

Ray White UNIT 106, 5A HAMPDEN RD, LAKEMBA, NSW, 2195 Beds1 Bathrooms1 Parking 1 440000
Ray White UNIT 64, 6 HALDON ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms2 Parking 1 600000
Ray White UNIT 53, 6 HALDON ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms2 Parking 1 570000
Ray White UNIT 8, 142-144 HALDON ST, LAKEMBA, NSW, 2195 Beds3 Bathrooms2 Parking 1 700000
Ray White UNIT 11, 102-104 CROYDON ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms1 Parking 1 410000
Ray White 91 MORETON ST, LAKEMBA, NSW, 2195 Beds6 Bathrooms4 Parking 6 1600000

Local Schools

Hampden Park Public School

Canterbury Vale School

St Therese's Catholic Primary School

Holy Spirit Catholic College

Rissalah College

Al Hikma College

Lakemba Public School

St Joseph's Catholic Primary School

Wiley Park Public School

Wiley Park Girls High School

(While the above schools are located with the suburb of Lakemba there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lakemba weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.420.328.550.988.36.223.1
Feb4.120.227.552.787.86.020.1
Mar4.918.826.451.487.45.616.5
Apr3.515.623.949.486.95.014.0
May2.112.021.145.583.25.111.4
Jun4.110.018.350.886.15.29.2
Jul2.18.918.641.880.85.210.5
Aug2.09.419.636.878.15.713.2
Sept1.512.322.436.881.25.817.5
Oct2.014.824.141.484.16.021.0
Nov2.617.125.845.785.66.223.3
Dec2.018.927.446.786.46.224.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

15-05-2024 $500,000 7 / 213 HALDON ST
14-05-2024 $410,000 1 / 4 BOOREA AVE
14-05-2024 $1,161,000 39 FAIRMOUNT ST
09-05-2024 $500,000 9 / 184 HALDON ST
09-05-2024 $405,000 1 / 26 BARREMMA RD
09-05-2024 $660,000 83 QUIGG ST S
07-05-2024 $415,000 1 / 41 MACDONALD ST
03-05-2024 $420,000 12 / 47 FAIRMOUNT ST
03-05-2024 $652,000 32 / 157 HALDON ST
03-05-2024 $415,000 4 / 61 COLIN ST
02-05-2024 $685,000 8 / 8 CROYDON ST
01-05-2024 $398,000 6 / 41 MACDONALD ST
29-04-2024 $455,000 4 / 55 FAIRMOUNT ST
26-04-2024 $563,500 6 HALDON ST
26-04-2024 $390,000 5 / 18 HAMPDEN RD
23-04-2024 $490,000 1 / 242 HALDON ST
22-04-2024 $579,000 8 / 97 ERNEST ST
22-04-2024 $460,000 2 / 1 BELLEVUE AVE
19-04-2024 $400,000 3 / 36 SPROULE ST
16-04-2024 $419,000 8 / 23 FAIRMOUNT ST
15-04-2024 $418,000 5 / 9 MYEE ST
12-04-2024 $762,000 3 / 74 CROYDON ST
12-04-2024 $428,000 2 / 58 TAYLOR ST
12-04-2024 $415,000 306 / 193 LAKEMBA ST
09-04-2024 $440,000 11 / 11 CROYDON ST
08-04-2024 $536,000 16 / 157 HALDON ST
08-04-2024 $432,000 13 / 35 MACDONALD ST
08-04-2024 $485,000 8 / 578 PUNCHBOWL RD
08-04-2024 $1,412,000 112 CHALMERS ST
05-04-2024 $1,600,000 65 COLIN ST
02-04-2024 $460,000 7 / 61 MACDONALD ST
02-04-2024 $350,000 20 / 602 PUNCHBOWL RD
27-03-2024 $316,000 231 HALDON ST
26-03-2024 $451,000 12 / 24 FAIRMOUNT ST
22-03-2024 $450,000 1 / 49 DENNIS ST
20-03-2024 $383,000 7 / 56 MACDONALD ST
19-03-2024 $2,300,000 100 BENAROON RD
19-03-2024 $435,000 5 / 78 CROYDON ST
15-03-2024 $365,000 10 / 27 WANGEE RD
13-03-2024 $1,150,000 115 ERNEST ST
13-03-2024 $390,000 3 / 55 FAIRMOUNT ST
13-03-2024 $1,740,000 66 YERRICK RD
08-03-2024 $560,000 6 HALDON ST
08-03-2024 $445,000 9 / 150 LAKEMBA ST
07-03-2024 $670,000 7 / 33 FAIRMOUNT ST
07-03-2024 $2,570,000 42 CROYDON ST
05-03-2024 $900,000 71 ERNEST ST
05-03-2024 $405,000 12 / 9 FAIRMOUNT ST
04-03-2024 $495,000 12 / 256 HALDON ST
01-03-2024 $1,330,000 142 LAKEMBA ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Wiley ParkBelmoreRoselandsBelfieldGreenacreMount LewisPunchbowlCampsieStrathfield SouthClemton Park

Public Transport


General Points of Interest

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