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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

LJ Hooker UNIT 1, 4 BOOREA AV, LAKEMBA, NSW, 2195 Beds2 Bathrooms1 Parking 1 UNDER CONTRACT
PRD 28 TAYLOR ST, LAKEMBA, NSW, 2195 Beds11 Bathrooms6 Parking 6 AUCTION
Ray White UNIT 16, 578-580 PUNCHBOWL RD, LAKEMBA, NSW, 2195 Beds2 Bathrooms1 Parking 2 430000
Ray White UNIT 4, 55 FAIRMOUNT ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms1 Parking 1 420000
Ray White UNIT 13, 52 FAIRMOUNT ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms1 Parking 1 480000
Ray White UNIT 106, 5A HAMPDEN RD, LAKEMBA, NSW, 2195 Beds1 Bathrooms1 Parking 1 445000
Ray White UNIT 64, 6 HALDON ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms2 Parking 1 630000
Ray White UNIT 53, 6 HALDON ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms2 Parking 1 575000
Ray White UNIT 2, 93 SPROULE ST, LAKEMBA, NSW, 2195 Beds2 Bathrooms1 Parking 1 521000

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

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

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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