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.
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 |
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 |
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.
UNIT 1, 4 BOOREA AV, LAKEMBA, NSW, 2195 | 2 | 1 | 1 | SOLD by Muhammad Sarmini | |
28 TAYLOR ST, LAKEMBA, NSW, 2195 | 11 | 6 | 6 | AUCTION | |
UNIT 16, 578-580 PUNCHBOWL RD, LAKEMBA, NSW, 2195 | 2 | 1 | 2 | 430000 | |
UNIT 13, 52 FAIRMOUNT ST, LAKEMBA, NSW, 2195 | 2 | 1 | 1 | 480000 | |
UNIT 106, 5A HAMPDEN RD, LAKEMBA, NSW, 2195 | 1 | 1 | 1 | 440000 | |
UNIT 64, 6 HALDON ST, LAKEMBA, NSW, 2195 | 2 | 2 | 1 | 630000 | |
UNIT 53, 6 HALDON ST, LAKEMBA, NSW, 2195 | 2 | 2 | 1 | 575000 | |
UNIT 2, 93 SPROULE ST, LAKEMBA, NSW, 2195 | 2 | 1 | 1 | 521000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.4 | 20.3 | 28.5 | 50.9 | 88.3 | 6.2 | 23.1 |
Feb | 4.1 | 20.2 | 27.5 | 52.7 | 87.8 | 6.0 | 20.1 |
Mar | 4.9 | 18.8 | 26.4 | 51.4 | 87.4 | 5.6 | 16.5 |
Apr | 3.5 | 15.6 | 23.9 | 49.4 | 86.9 | 5.0 | 14.0 |
May | 2.1 | 12.0 | 21.1 | 45.5 | 83.2 | 5.1 | 11.4 |
Jun | 4.1 | 10.0 | 18.3 | 50.8 | 86.1 | 5.2 | 9.2 |
Jul | 2.1 | 8.9 | 18.6 | 41.8 | 80.8 | 5.2 | 10.5 |
Aug | 2.0 | 9.4 | 19.6 | 36.8 | 78.1 | 5.7 | 13.2 |
Sept | 1.5 | 12.3 | 22.4 | 36.8 | 81.2 | 5.8 | 17.5 |
Oct | 2.0 | 14.8 | 24.1 | 41.4 | 84.1 | 6.0 | 21.0 |
Nov | 2.6 | 17.1 | 25.8 | 45.7 | 85.6 | 6.2 | 23.3 |
Dec | 2.0 | 18.9 | 27.4 | 46.7 | 86.4 | 6.2 | 24.6 |
source: Australian Government Bureau of Meteorology
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 |
01-03-2024 | $3,200,000 | 58 BENAROON RD |
29-02-2024 | $349,000 | 6 / 21 YERRICK RD |
28-02-2024 | $480,000 | 5 / 108 ERNEST ST |
26-02-2024 | $450,000 | 10 / 54 FAIRMOUNT ST |
26-02-2024 | $800,000 | 27 / 112 BENAROON RD |
23-02-2024 | $416,500 | 3 / 32 GARRONG RD |
19-02-2024 | $4,520,000 | 196 HALDON ST |
19-02-2024 | $410,000 | 5 / 41 MACDONALD ST |
15-02-2024 | $430,000 | 1 / 4 HOLLAND PL |
15-02-2024 | $3,400,000 | 68 YERRICK RD |
13-02-2024 | $1,350,000 | 106 LAKEMBA ST |
12-02-2024 | $390,000 | 4 / 17 BARREMMA RD |
12-02-2024 | $553,000 | 8 / 53 WANGEE RD |
07-02-2024 | $1,030,000 | 4 / 101 HAMPDEN RD |
05-02-2024 | $361,000 | 22 / 42 FAIRMOUNT ST |
05-02-2024 | $475,000 | 1 / 6 WILLEROO ST |
02-02-2024 | $465,000 | 21 / 249 HALDON ST |
01-02-2024 | $357,500 | 3 / 602 PUNCHBOWL RD |
31-01-2024 | $550,000 | 111 CROYDON ST |
30-01-2024 | $1,570,000 | 1 ERNEST ST |
29-01-2024 | $498,000 | 9 / 91 YANGOORA RD |
25-01-2024 | $416,000 | 1 / 201 HALDON ST |
25-01-2024 | $1,157,500 | 98 WANGEE RD |
23-01-2024 | $415,000 | 3 / 64 SPROULE ST |
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