2/578-580 Punchbowl Road

Off Market

2/578-580 Punchbowl Road

Lakemba NSW 2195

100 m²

Apartment

Last sold for $543,000

Christopher Carey, last sold this property on 09 October 2026 after 67 days on market.

Overview

Low Strata | Freshly Updated | High Rental Appeal - The Perfect Start or Smart Investment

Looking for an affordable property that ticks all the boxes? Whether you're buying your first home, downsizing, or adding a high-performing asset to your investment portfolio, this beautifully maintained apartment is an opportunity you won't want to miss. Positioned in one of Lakemba's most convenient locations, this solid double-brick unit has been freshly painted and is ready for its next owner. With high ceilings that create an incredible sense of space, , and a location that's hard to beat, all the hard work has already been done. Step inside and you'll immediately appreciate the light-filled interiors, fresh paint, spacious layout and practical design. The kitchen features a brand-new electric stove, while the bathroom boasts a luxurious dual shower heads. The home is complete with split-system air conditioning, built-in wardrobes in both bedrooms, and a lock-up garage with brand-new shutters and internal laundry. Property Features Two generous bedrooms with built-in wardrobes Spacious bathroom with a modern dual shower head Internal Laundry Freshly painted throughout Brand-new electric stove Split-system air conditioning High ceilings creating a bright, open feel Solid double-brick construction Lock-up garage with brand-new shutters Low strata levies Move-in ready with nothing to spend An Investor's Dream With an estimated rental return of up to $600 per week, this property delivers an attractive gross rental yield of approximately 5.2%. Strong rental demand and an unbeatable location make this an ideal addition to any investment portfolio. Lifestyle & Location Convenience is at your doorstep: 700m to Lakemba Mosque 800m to Lakemba Train Station Directly opposite Parry Park 900m to the vibrant Haldon Street shopping precinct Walking distance to schools, cafés, restaurants and everyday amenities Opportunities Like This Don't Last Outgoings: Strata:$500 per quarter Water: $220 Per quarter Council: $429 per quarter *AI staged unit*

Features

2 bedrooms

1 bathroom

1 carspace

100 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Lakemba over the last 12 months, the estimated median property value of 2/578-580 Punchbowl Road is $560k.

Median value

$560k

Estimated value range

$460k - $757k

Median days on market

Estimated value trend

11%

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 2/578-580 Punchbowl Road

2026

Sold

$543,000

Private Sale/Treaty on 09 Oct 2026 by Christopher Carey, of Citywide Property Agents

Happy sellers in Lakemba

85%

85% 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 64 reviews in Lakemba over the last 12 months.

Local market activity for 2 bedroom apartments in Lakemba

In the last 12 months, 40 two-bedroom apartments similar to 2/578-580 Punchbowl Road, have been sold.

This represents a 32% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Lakemba for a free market appraisal.

Marc Dissinger

at Ralph First Real Estate

4.9

(737 reviews)

Get a free market appraisal

Luke Knapton

at Knapton Property Agents

4.8

(366 reviews)

Get a free market appraisal

Chris Wilding

at Ralph First Real Estate

4.9

(393 reviews)

Get a free market appraisal

Robi Islam

at Land & Lease Realty Lakemba

4.8

(145 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lakemba

Marc Dissinger

Sellers who recommend Marc Dissinger have praised them for being clear communication, local expert, responsive, honest, reliable, friendly and supportive

4.9 (737 reviews)
30 Reviews in Lakemba
20 Sales in Lakemba

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Luke Knapton

Sellers who recommend Luke Knapton have praised them for being local expert, clear communication, responsive, supportive, honest, reliable and friendly

4.8 (366 reviews)
11 Reviews in Lakemba
21 Sales in Lakemba

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Chris Wilding

Sellers who recommend Chris Wilding have praised them for being local expert, clear communication, honest, responsive, reliable, supportive and great negotiation

4.9 (393 reviews)
16 Reviews in Lakemba
9 Sales in Lakemba

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Robi Islam

Sellers who recommend Robi Islam have praised them for being clear communication, local expert, reliable, supportive, responsive, friendly and dedicated