Back 2/40 Fairmount Street
Off Market

2/40 Fairmount Street

Lakemba NSW 2195

2
1
1
87 m²
Unit
Last sold for $550,000
Chris WildingChris Wilding, last sold this property on 12 April 2026 after 5 days on market.

Overview

Another one sold by the Ralph Team....

A complete package is this spacious 2 bedroom unit boasting modern interiors and a clever floor plan making it the ideal first home or hassle-free investment. Set in an immaculate block, some standout features include: -2 good-size bedrooms (main w built-ins) -Recently refurbished eat-in-kitchen -Stainless steel appliances -Beautiful polished timber floors throughout -Renovated bathroom with quality inclusions -Family-sized loungeroom with adjoining balcony -Internal laundry -Registered car space(room for 2 cars) -Strata is $856pq approx. -Excellent tenant currently paying $560pw Internal size: 73m2 Total size: 87m2 Situated in one of the area’s best kept buildings and only minutes to Lakemba and Wiley Park train stations(and soon to complete Metro line). Also handy to a variety of educational options, vibrant shopping precincts and the M5. An excellent offering sure to sell fast. Put this one at the top of your list. Contact: Chris Wilding 0401 334 773 Inspect: As advertised DISCLAIMER: While Ralph First Real Estate have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Ralph First Real Estate urge prospective purchasers to make their own inquiries to verify the information contained herein.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
87 m² lot size
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 2/40 Fairmount Street 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 2/40 Fairmount Street

2026
Sold
$550,000
Private Sale/Treaty on 12 Apr 2026 by Chris Wilding, of Ralph First Real Estate
2023
Rented
Undisclosed
Leased on 21 Jun 2023 by LH Brown & Co - Belmore
2022
Rented
Undisclosed
Leased on 14 Jan 2022 by Harcourts Exclusive

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 2/40 Fairmount Street, have been sold.

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

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