3/48 Fairmount StreetLakemba NSW 2195
Property Details for 3/48 Fairmount St, Lakemba
3/48 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (November 2024)
Great Opportunity For First Home Buyers Or Investors
This sunny elevated ground floor unit is only a 15-minute walk to Wiley Park station and all of the amenities of the Lakemba & Wiley Park CBDs. It offers 2 big bedrooms, and a spacious lounge and dining area. The kitchen is a stylish white poly design with stainless steel appliances and electric cooking. The bathroom is original but neat and has a separate shower, bathtub, and toilet. There is a full-sized internal laundry, not just a cupboard. There is a single-car space. Strata is a low $490.20 per quarter. Internal area of 86.4m2 including the balcony and 99.8m2 in total including the car space.
This is a great opportunity for first-home buyers and investors. This unit is currently rented for $580 per week to a good tenant with a Lease that expires in August 2025. Vacant possession can be negotiated depending on the sale price. Call Graeme on 0410306880 to organize an inspection today.
Property History for 3/48 Fairmount St, Lakemba, NSW 2195
- 27 Nov 2024Sold - Price Undisclosed
- 11 Sep 2024Listed for Sale $519,950
- 07 Aug 2024Listed for Rent $550 per week
Recent sales nearby
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0About 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 7,383 properties. Over the last 5 years, Houses in Lakemba have seen a 35.29% increase in median value, while Units have seen a 31.68% increase. As at 30 June 2026:
- The median value for Houses in Lakemba is $1,413,551 while the median value for Units is $564,295.
- Houses have a median rent of $800 while Units have a median rent of $550.
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