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29/54 Fairmount St, Lakemba NSW 2195

Lakemba Unit
Last sold $415,000 1 Sep 2023
Technical details
Title reference29/SP6006
Site area (whole strata scheme)2,680 m²
ZoningR4 High Density Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district258
Property ID1415786

How this sale compares

Sold for $415,000 in Sep 2023, down $17,500 (4%) on the $432,500 paid in Jul 2017. That is a fall of about 0.7% a year over 6.1 years.

Over the same period the median unit price in Lakemba fell 8%, from $432,750 in 2017 to $397,850 in 2023.

The 2023 sale was 4% above the Lakemba median unit price for that year ($397,850 across 224 sales).

Since then the median unit price in Lakemba has risen 38%, from $397,850 in 2023 to $550,000 over the last 12 months (148 sales).

Lakemba medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Lakemba sold prices by year.

Rent and yield

Units in postcode 2195 rented for a median $530 a week, from 939 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $415,000 on 1 Sep 2023, that rent is a gross yield of 6.6% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Lakemba.

Planning controls

Zone
R4 High Density Residential
Minimum lot size
460 m² For subdividing the whole site, not one unit
Maximum building height
23 m
Floor space ratio
1.7:1 Floor area allowed for each square metre of site

From the Canterbury-Bankstown Local Environmental Plan 2023 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
1 Sep 2023 13 Oct 2023 $415,000 - - - 29/SP6006
31 Jul 2017 11 Sep 2017 $432,500 - - - 29/SP6006
$415,000 Sold 1 Sep 2023
Settled13 Oct 2023
Beds-
Baths-
Cars-

Title reference: 29/SP6006

$432,500 Sold 31 Jul 2017
Settled11 Sep 2017
Beds-
Baths-
Cars-

Title reference: 29/SP6006

Other sales at 54 Fairmount St

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
31 7 May 2026 18 Jun 2026 $537,500 - - - 31/SP6006
26 13 May 2026 1 Jun 2026 $520,000 - - - 26/SP6006
25 17 Oct 2025 29 Oct 2025 $408,000 - - - 25/SP6006
12 25 Jan 2025 24 Mar 2025 $515,000 - - - 12/SP6006
13 19 Mar 2024 10 May 2024 $450,000 - - - 13/SP6006
10 12 Jan 2024 26 Feb 2024 $450,000 - - - 10/SP6006
11 21 Sep 2023 2 Nov 2023 $420,000 - - - 11/SP6006
5 28 Jan 2023 13 Mar 2023 $365,000 - - - 5/SP6006
1 31 May 2022 12 Jul 2022 $357,000 - - - 1/SP6006
10 2 Dec 2020 5 Feb 2021 $400,000 - - - 10/SP6006
$537,500 Sold 7 May 2026
Unit31
Settled18 Jun 2026
Beds-
Baths-
Cars-

Title reference: 31/SP6006

$520,000 Sold 13 May 2026
Unit26
Settled1 Jun 2026
Beds-
Baths-
Cars-

Title reference: 26/SP6006

$408,000 Sold 17 Oct 2025
Unit25
Settled29 Oct 2025
Beds-
Baths-
Cars-

Title reference: 25/SP6006

$515,000 Sold 25 Jan 2025
Unit12
Settled24 Mar 2025
Beds-
Baths-
Cars-

Title reference: 12/SP6006

$450,000 Sold 19 Mar 2024
Unit13
Settled10 May 2024
Beds-
Baths-
Cars-

Title reference: 13/SP6006

$450,000 Sold 12 Jan 2024
Unit10
Settled26 Feb 2024
Beds-
Baths-
Cars-

Title reference: 10/SP6006

$420,000 Sold 21 Sep 2023
Unit11
Settled2 Nov 2023
Beds-
Baths-
Cars-

Title reference: 11/SP6006

$365,000 Sold 28 Jan 2023
Unit5
Settled13 Mar 2023
Beds-
Baths-
Cars-

Title reference: 5/SP6006

$357,000 Sold 31 May 2022
Unit1
Settled12 Jul 2022
Beds-
Baths-
Cars-

Title reference: 1/SP6006

$400,000 Sold 2 Dec 2020
Unit10
Settled5 Feb 2021
Beds-
Baths-
Cars-

Title reference: 10/SP6006

Recent sales on Fairmount St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Lakemba

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