Lakemba, NSW
FAIR VALUE14,771 sales · 36 years of data · NSW, Australia
Lakemba, NSW Property Market Overview
Lakemba, NSW, 2195, is a suburb located in the Canterbury-Bankstown region of Sydney. Our analysis of the Lakemba property market spans 36 years of data, encompassing a total of 14,771 recorded sales. The current median property price in Lakemba (all property types) sits at $542,300, reflecting a diverse property landscape.
Lakemba presents a varied market with houses having a median price of $1,480,000 and apartments at $515,000. The suburb's property market demonstrates consistent long-term growth, making it a noteworthy area for observation within the broader Sydney metropolitan area. The availability of comprehensive data allows for a detailed understanding of Lakemba's property trends over several decades.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Lakemba
Top streets in Lakemba, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Taylor St | $1,456,000 |
| 2 | Canterbury Rd | $695,000 |
| 3 | Garrong Rd | $1,305,000 |
| 4 | Yangoora Rd | $1,680,000 |
... and 131 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Haldon St | $4,822/m² |
| 2 | Dennis St | $2,980/m² |
| 3 | Lakemba St | $4,515/m² |
| 4 | Hampden Rd | $5,067/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Barremma Rd | +5.6% |
| 2 | Benaroon Rd | +6.6% |
| 3 | Dennis St | +7.4% |
| 4 | Taylor St | +6.0% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 917 Canterbury Rd | $695,000 |
| 2 | 5 A Hampden Rd | $565,000 |
| 3 | 6 Haldon St | $609,000 |
| 4 | 915 Canterbury Rd | $695,000 |
... and 80 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Lakemba analysis
135 streets and 84 buildings to explore
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Lakemba at a Glance
Lakemba, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Lakemba, NSW
Lakemba offers a vibrant and multicultural community, known for its diverse culinary scene and bustling commercial area along Haldon Street. Families are drawn to the area due to schools such as Lakemba Public School and nearby Wiley Park Girls High School. The suburb is well-connected with Lakemba train station providing easy access to the Sydney CBD.
Residents enjoy a range of amenities including local parks like Parry Park and a variety of shops and restaurants catering to diverse tastes. The annual Lakemba Ramadan Night Market is a highlight, attracting visitors from across Sydney. The community in Lakemba is close-knit and welcoming, contributing to the suburb's unique charm.
Who Buys in Lakemba?
Lakemba attracts a diverse range of buyers. The relatively lower median apartment price of $515,000 makes it appealing to first home buyers and investors. The 50.7% strata percentage reflects the popularity of apartment living, particularly amongst those seeking more affordable options. Families are also drawn to Lakemba, attracted by the larger houses (median $1,480,000) and access to local schools. The historical growth rates, including the 10-year CAGR of 2.0% and 20-year CAGR of 4.7%, may appeal to those seeking long-term capital appreciation.
Market Analysis
Currently, the Lakemba property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Lakemba are generally aligned with their historical performance relative to market conditions.
This cycle position implies that the Lakemba market isn't experiencing significant overvaluation or undervaluation pressures as of early 2026. While external factors can always influence the market, this assessment provides a snapshot of where Lakemba stands in its property cycle, based on decades of sales data and established growth patterns.
Is Lakemba a Good Investment?
Lakemba's historical growth patterns suggest a consistent, albeit moderate, appreciation in property values over time. The full-period CAGR of 4.5% demonstrates long-term growth in the Lakemba market. The suburb's current position near its long-term trend (fair value) indicates a market that is neither significantly overvalued nor undervalued as of early 2026.
Factors contributing to property values in Lakemba include its proximity to the Sydney CBD, its diverse community, and its access to transport and amenities. The mix of housing types, with a significant proportion of apartments, also influences the market dynamics. The strong rental demand in the area, driven by its convenient location, can also be a factor. These elements contribute to the overall appeal of Lakemba.
Lakemba Market Outlook
As of early 2026, the Lakemba property market is assessed as being near its long-term trend, indicating fair value. Recent price trends suggest a stable market, aligning with historical performance. While broader economic factors may influence future movements, the current assessment provides a snapshot of Lakemba's market conditions based on available data. The suburb's consistent growth patterns and diverse property mix continue to shape its market landscape.
Streets & Location in Lakemba, NSW
Lakemba, postcode 2195, features a variety of residential streets. Some of the streets with higher median property prices include MORETON ST, GILLIES ST, and TAYLOR ST. These streets offer a glimpse into the diverse property values within the suburb. With a total of 135 streets, Lakemba encompasses a significant residential area within the Canterbury-Bankstown region.
Market Dynamics
The average settlement time for properties in Lakemba is currently 51 days, reflecting a standard timeframe for property transactions. While data on quick-flips is unavailable, the settlement timeframe provides an insight into the pace of property sales in the area. These market dynamics contribute to the overall picture of the Lakemba property market, as of early 2026.
Development & Density
Lakemba exhibits a mix of housing types and development density. The suburb contains 84 apartment buildings, contributing to the availability of strata-titled properties. The 50.7% strata percentage indicates a significant portion of apartments within the overall property landscape of Lakemba. This mix of houses and apartments caters to a range of residents and investors, shaping the suburb's character.
Growth & Property Mix
Over the long term, Lakemba has experienced steady property value appreciation. The suburb's 10-year compound annual growth rate (CAGR) is 2.0%, while the 20-year CAGR stands at 4.7%. The full-period CAGR, covering the entire 36 years of available data, is 4.5%. These figures demonstrate the historical growth trajectory of the Lakemba property market. The property mix in Lakemba is diverse, with 50.7% of properties being strata-titled apartments.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.