Back 16/254 Lakemba St
Off Market

16/254 Lakemba St

Lakemba NSW 2195

2
1
1
61 m²
Unit
Luke KnaptonLuke Knapton, last sold this property on 19 August 2025 after 88 days on market.

Overview

GREAT VALUE

Situated on the top floor of a well-maintained strata complex, this neat and tidy 2-bedroom unit is an ideal first home or investment. Featuring parquetry flooring throughout, the home includes an open plan kitchen that opens into a light-filled living area. Both bedrooms are generously sized and include built-in wardrobes, with the main bedroom also offering access to a private balcony. The bathroom is original but clean and fully functional. A car space is located at the rear of the complex and is available for exclusive use. . Conveniently located just 500 meters from Wiley Park Station and shops, this property is perfectly positioned for easy access to transport and amenities. • Strata Levies: Approx. $800.05 per quarter • Internal Area: Approx. 61 sqm • Currently Rented: $450 per week Download the Strata Report here: https://beforeyoubuy.com.au/reports/unit-16-254-lakemba-street-lakemba-nsw-2195/strata All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
61 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Lakemba over the last 12 months, the estimated median property value of 16/254 Lakemba St is $525k.

Median value
$525k
Estimated value range
$427k - $760k
Median days on market
30
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lakemba. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16/254 Lakemba St

2025
Sold
Undisclosed
19 Aug 2025 by Luke Knapton, of Knapton Property Agents
2023
Sold
$326,000
30 Apr 2023 by Luke Knapton, of Knapton Property Agents
2020
Rented
Undisclosed
Leased on 16 Nov 2020 by Knapton Property Agents

Happy sellers in Lakemba

88%
88% of sellers in Lakemba reported that their sale price either exceeded or met their price expectations.

Lakemba stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 57 reviews in Lakemba over the last 12 months.

Local market activity for 2 bedroom units in Lakemba

In the last 12 months, 88 two-bedroom units similar to 16/254 Lakemba St, have been sold.

This represents a 35% increase in two-bedroom units sales when compared to the previous 12 months.

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