7/42 Fairmount St, Lakemba NSW 2195
Lakemba Unit
Property features as at 23 March 2019. If the property has been renovated or altered, features may be different for sales before or after this date.
Technical details
How this sale compares
The 2023 sale was in line with 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
2-bedroom units in postcode 2195 rented for a median $540 a week, from 754 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $395,000 on 30 Oct 2023, that rent is a gross yield of 7.1% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode and bedroom count. 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.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 30 Oct 2023 | 30 Nov 2023 | $395,000 Property features as at 23 March 2019. If the property has been renovated or altered, features may be different for sales before or after this date. | 2 | 1 | 1 | 7/SP5130 |
$395,000 Sold 30 Oct 2023
Settled30 Nov 2023
Beds2
Baths1
Cars1
Property features as at 23 March 2019. If the property has been renovated or altered, features may be different for sales before or after this date.
Title reference: 7/SP5130
Other sales at 42 Fairmount St
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 17 | 13 Jul 2026 | 27 Aug 2026 | $500,000 | - | - | - | 17/SP5130 |
| 20 | 24 Apr 2026 | 5 Jun 2026 | $515,000 | - | - | - | 20/SP5130 |
| 13 | 12 Mar 2026 | 20 Apr 2026 | $517,000 | - | - | - | 13/SP5130 |
| 16 | 4 Sep 2024 | 23 Dec 2024 | $480,000 | - | - | - | 16/SP5130 |
| 22 | 22 Dec 2023 | 5 Feb 2024 | $361,000 | - | - | - | 22/SP5130 |
| 16 | 2 Dec 2023 | 21 Dec 2023 | $370,000 | - | - | - | 16/SP5130 |
| 8 | 19 Jul 2023 | 14 Sep 2023 | $407,500 | - | - | - | 8/SP5130 |
| 18 | 9 Aug 2023 | 6 Sep 2023 | $350,000 | - | - | - | 18/SP5130 |
| 17 | 26 Oct 2019 | 9 Dec 2019 | $395,000 | - | - | - | 17/SP5130 |
| 5 | 23 Feb 2019 | 9 Apr 2019 | $375,000 | - | - | - | 5/SP5130 |
$500,000 Sold 13 Jul 2026
Title reference: 17/SP5130
$515,000 Sold 24 Apr 2026
Title reference: 20/SP5130
$517,000 Sold 12 Mar 2026
Title reference: 13/SP5130
$480,000 Sold 4 Sep 2024
Title reference: 16/SP5130
$361,000 Sold 22 Dec 2023
Title reference: 22/SP5130
$370,000 Sold 2 Dec 2023
Title reference: 16/SP5130
$407,500 Sold 19 Jul 2023
Title reference: 8/SP5130
$350,000 Sold 9 Aug 2023
Title reference: 18/SP5130
$395,000 Sold 26 Oct 2019
Title reference: 17/SP5130
$375,000 Sold 23 Feb 2019
Title reference: 5/SP5130
Recent sales on Fairmount St
Sold in the last two years.
- 3/55 Fairmount St, Lakemba 2195 $450,000 sold 9 Sep 2026
- 12/43 Fairmount St, Lakemba 2195 $420,000 sold 6 Aug 2026
- 20/73 Fairmount St, Lakemba 2195 $540,000 sold 29 May 2026
- 26/54 Fairmount St, Lakemba 2195 $520,000 sold 13 May 2026
- 3/38 Fairmount St, Lakemba 2195 $480,000 sold 11 May 2026
- 1/73 Fairmount St, Lakemba 2195 $535,000 sold 11 May 2026
- 31/54 Fairmount St, Lakemba 2195 $537,500 sold 7 May 2026
- 2/40 Fairmount St, Lakemba 2195 $550,000 sold 13 Apr 2026
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 4/32 Shadforth St, Wiley Park 2195 $680,000 sold 17 Sep 2026
- 5/65 Shadforth St, Wiley Park 2195 $580,000 sold 9 Sep 2026
- 1/32 Shadforth St, Wiley Park 2195 $640,000 sold 3 Sep 2026
- 2/32 Shadforth St, Wiley Park 2195 $623,000 sold 2 Sep 2026
- 2/58 Macdonald St, Lakemba 2195 $520,000 sold 31 Aug 2026
- 6/29 Macdonald St, Lakemba 2195 $648,000 sold 8 Aug 2026
- 11/65 Railway Pde, Lakemba 2195 $576,000 sold 4 Aug 2026
- 8/48 Hampden Rd, Lakemba 2195 $550,000 sold 3 Aug 2026
Feature data history (beds/baths/cars)
Multiple records here can indicate updates over time (renovations, corrected data, or source conflicts). This section loads when opened.
| Observed | Effective | Beds | Baths | Cars | Active |
|---|---|---|---|---|---|
| Open this section to load feature observations. | |||||
Open this section to load feature observations.