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6 / 51 Macdonald Street, Lakemba NSW 2195

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$500k - $600k Medium Confidence Calculated based on our search observations.

Apartment 2 Beds 1 Bath 1 Car

Listed: 17th Jun 2026

Updated: 10 hours ago

Overview

Situated in a tranquil street in Lakemba, this well-maintained first-floor apartment presents a spacious and comfortable living environment, ideal for investors and home buyers alike. The property offers generous living areas and convenient access to local amenities, making it a practical choice for a variety of lifestyles.

The apartment comprises two generously sized bedrooms, providing ample space for relaxation and rest. The living area is large and inviting, perfect for entertaining guests or enjoying quiet evenings. The eat-in kitchen is functional and practical, designed to accommodate daily meal preparation with ease.

Additional features include an internal laundry area, ensuring convenience for household chores, and air conditioning to maintain comfort throughout the year. The apartment is positioned on the first floor, offering a degree of privacy and a pleasant outlook. A dedicated car space is also included, providing secure parking for residents.

Although the apartment retains its original condition, it has been carefully maintained, presenting an excellent opportunity for future updates or continued rental income. This makes it a versatile investment or a comfortable home ready for personalization.

Property Features:

Two spacious bedrooms
Large living area
Eat-in kitchen
Internal laundry
Air conditioning
First floor position
One dedicated car space

Investment Details:

Currently leased at $520 per week
Council rates approximately $429 per quarter
Water rates approximately $208.77 per quarter
Strata levies approximately $900 per quarter

This property represents a fantastic opportunity to secure a solid investment or a comfortable residence in a convenient and sought-after location.

Overall, the apartment combines practical living spaces with essential amenities and a strategic location, making it a valuable addition to any property portfolio or a welcoming home for new occupants.

Local Market Insights

In Lakemba, Quiet Listings observed 3 new apartments entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $960,000. The property type mix of listed properties is predominantly Houses at 46%, followed by units (31%), and apartments (23%). The most active agency for apartments in the Lakemba area is currently Ray White, representing 67% of new listings, followed by McGrath Estate Agents with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.