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1 Grace Avenue, Lakemba NSW 2195

$1,599,000

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$1.6M - $1.68M Transparent Transparent Listing Based on an openly advertised listing price.

House 8 Beds 2 Baths 2 Cars 443 m²

Listed: 19th Jul 2026

Updated: 20th Jul 2026

Overview

Situated in an enviable enclave just steps from Lakemba’s lively Haldon Street, this property on 1 Grace Avenue combines significant potential with a prime location. The substantial land size of approximately 443 sqm supports a generously proportioned home complete with a detached studio, offering space that invites creative renovation or redevelopment.

The residence boasts eight bedrooms and two bathrooms, providing flexibility for large families, those seeking additional accommodation, or investors aiming for diverse rental possibilities.

Secure off-street parking enhances convenience in this elevated position, which may afford distant views of the city skyline, enhancing the appeal of the property’s outlook.

Its proximity to both Lakemba and Belmore train stations, the latter soon to be serviced by the new Metro line, along with the vibrant multi-cultural dining precinct on Haldon Street, underscores the location’s desirability for those valuing accessibility and lifestyle variety.

This property represents a distinctive opportunity to capitalise on excellent location and existing structural assets. Whether it serves as a renovation project to customise an oversized home, or a prime site for redevelopment (subject to council approval), it holds appeal for savvy buyers attuned to potential and position alike.

Local Market Insights

In Lakemba, Quiet Listings observed 6 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $1,366,667. The property type mix of listed properties is predominantly Houses at 50%, followed by units (25%), and apartments (25%). The most active agency for houses in the Lakemba area is currently Ray White, representing 67% of new listings, followed by LJ Hooker with 17%. 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.