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AREA REPORTS

Lakemba

NSW/
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 9.1% growth over a ten-year period. It ranks 145th 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 -6.25% for the past year, which is lower than average compared to its 53.71% growth within a five-year period.

With the median home price in LAKEMBA sitting at $900,000, and the average rent at $545, property owners could potentially earn a 3.15% 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 $900,000 $420,000
GROWTH REPORT
Median Quarterly -5.26% -1.87%
Median 12 month -6.25% -2.89%
Median 3 years -4.26% -1.52%
Median 5 years 53.71% 37.7%
10 years average annual 9.1% 8.51%
Weekly media advert. rent $545 $380
Time on Market 56.2 days 69.3 days
Gross Rental Yield Percent 3.15% 4.7%
demographics (median values)
Total Population
14471
Weekly Household Income
685.6
Household Size
2.80
demographics
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