Powered by MOMENTUM MEDIA
AREA REPORTS

Lakemba

Suburb Profile

Lakemba - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2195

house
unit

Based on its average 5-year and quarterly capital gains LAKEMBA, 2195 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that LAKEMBA, 2195 obtained a 7.25% growth over a ten-year period. It ranks 525th on our list of suburbs that property investors should look into.

LAKEMBA, 2195 in NSW belongs to the local government area of Canterbury-Bankstown (A).

LAKEMBA, 2195 has a capital gain of -15% for the past year, which is lower than average compared to its 15.36% growth within a five-year period.

With the median home price in LAKEMBA sitting at $807,500, and the average rent at $530, property owners could potentially earn a 3.41% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in LAKEMBA are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $807,500 $378,500
GROWTH REPORT
Median Quarterly 0% -4.18%
Median 12 month -15% -11.62%
Median 3 years -12.61% -5.73%
Median 5 years 15.36% 11.82%
10 years average annual 7.25% 6.58%
Weekly media advert. rent $530 $370
Time on Market 86.4 days 75.1 days
Gross Rental Yield Percent 3.41% 5.08%
demographics (median values)
Total Population
14471
Weekly Household Income
685.6
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Sold sign

Real estate’s most useless statistic

One of the most useless statistics in real estate for those looking to jump on the property ladder for the first time is the median house pr...

First home buyers

Property investment 101: Loan options for first home buyers

Having a well-structured mortgage loan that suits the investor’s specific needs, capabilities, limitations and long-term goals is among th...

Terrazzo interior

How to style a home on-trend in 2020

Property is just as prone to changing styles and trends as any other aspect of society – so with a new decade just about upon us, what are...

Residential properties

Property investment 101: Common types of investors and properties

Before diving into your first property purchase, get to know the basics of property investment, starting with the most common types of inves...

RBA

RBA still open to more cuts despite growing scrutiny

The central bank remains prepared to cut rates further, despite growing concerns that monetary policy has “lost its potency”. ...

How to find a good property manager

Investor stories: How to find a good property manager

Several property investors consider a good team of professionals as one of the most important keys to success in wealth creation. How do you...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.