1 Grace Avenue, Lakemba, NSW 2195 | House for sale | OnTheHouse
 
FOR SALE
$1,599,000

1 Grace Avenue
Lakemba NSW 2195

Bedrooms: 8
Bathrooms: 2
Car spaces: 2
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RENOVATE AND MAKE YOUR OWN

Nestled in a tightly held enclave, 1 Grace Avenue is only 100m from Lakemba’s vibrant Haldon Street offering an oversized home and a detached studio oozing potential.
Perched on an almost level 442.6 sqm block, the home features:
- 4 Bedrooms
- Ample living space
- 2 bathrooms
- Detached studio
- Secure off street parking.
This real estate presents a unique opportunity for savvy buyers looking for a project with scope to renovate and capitalise or knock down and re build.(STCA)
Location is the clear stand out for this property. Set on an elevated street, potentially offering city views whilst having the convenience of Lakemba’s famous multi-cultural dining strip almost at the end of the street.
Conveniently located between Lakemba and Belmore Train Stations (Soon to be completed Metro Line) This site is considered Prime Real Estate.
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Property Details for 1 Grace Ave, Lakemba

1 Grace Ave, Lakemba is a 8 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Knapton Property Agents.

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About Lakemba 2195

The size of Lakemba is approximately 2.2 square kilometres. There are 11 parks, covering nearly 6.7% of the total area. The population of Lakemba in 2016 was 17023 people. By 2021 the population was 17092 showing a population growth of 0.4% in the area during that time. The predominant age group in Lakemba is 30-39 years. Households in Lakemba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakemba work in a professional occupation.In 2021, 38.60% of the homes in Lakemba were owner-occupied compared with 39.10% in 2016.

Lakemba has 7,465 properties. Over the last 5 years, Houses in Lakemba have seen a 29.37% increase in median value, while Units have seen a 31.03% increase. As at 31 August 2026:

  • The median value for Houses in Lakemba is $1,373,189 while the median value for Units is $564,462.
  • Houses have a median rent of $825 while Units have a median rent of $550.
There are currently 49 properties listed for sale, and 54 properties listed for rent in Lakemba on OnTheHouse. According to Cotality's data, 236 properties were sold in the past 12 months in Lakemba.

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Grace Thomson
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Luke Knapton
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Knapton Property Agents
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