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Suburb Insights ยท NSW 2195

Lakemba 2195, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Lakemba is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 17,092, making it a smaller community. Located approximately 13 km from the Sydney CBD, Lakemba is a outer metro area in New South Wales. The median household income is $63,804 AUD per year (ABS 2021 Census).

Investment Score

55 / 100 Moderate

Lakemba's income profile suggests a value-oriented market with competitive purchase prices. The short commute to the city centre is a key demand driver.

Location

Map shows Lakemba, New South Wales, Australia.

Key Indicators

Postcode
2195

Official Australia Post postcode for Lakemba. A postcode may cover multiple suburbs.

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Population
17,092

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$350/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$63,804/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
13 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
7

Estimated 7 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,712/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
23% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Lakemba's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,712/month. With only 23% separate houses, Lakemba has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Lakemba offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Lakemba can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Renovation projects in Lakemba can capture the gap between unrenovated and updated property prices.

Risk Factors

Run the numbers on a Lakemba property

Full Property Analysis

30-year projections for Lakemba

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Lakemba faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Tenants in Lakemba have options โ€” presenting well-maintained properties is key to minimising vacancy. The market mood around Lakemba is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Lakemba a good suburb for investment?

Lakemba is a outer metro area in New South Wales with a population of 17,092. The median rent is $350/week and the median household income is $63,804/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Lakemba?

Key demand drivers in Lakemba include affordability relative to inner suburbs and expanding infrastructure. 23% of dwellings are separate houses. The area has approximately 4 schools and 7 parks nearby.

What is the population of Lakemba?

According to the ABS 2021 Census, Lakemba has a population of approximately 17,092. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Lakemba from the Sydney CBD?

Lakemba is approximately 13 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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