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295 Lakemba Street,
Wiley Park NSW 2195

This property is Off Market

All about Wiley Park Homes for sale in Wiley Park


  • Last sold 8/21/2017 for $1,120,000. The Average property price in this area is $3,634,961, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 9.05 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Wiley Park

With an average age of 31, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $320. The average family earns a weekly income of $1,285 with a typical household size of 2.7 and a 83.53% employment rate.

In Wiley Park there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Wiley Park is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Wiley Park leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Wiley Park we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Wiley Park a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 11%)

Are people healthy?

There are a recorded 912 asthma sufferers and 576 people living with diabetes. In addition, 348 people have a heart/vascular condition and 580 people live with three or more chronic diseases.

A good place to invest in property?

Wiley Park a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

08 / 100

31 / 100

Industry

10 / 100

22 / 100

Population

09 / 100

19 / 100

House Prices

50 / 100

60 / 100

Jobs

12 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Wiley Park GHS Belmore BHS Lakemba PS
  • Hampden Park Public School

    Lakemba, NSW, 2195 State K-6

  • Holy Spirit Catholic College

    Lakemba, NSW, 2195 Independent 7-12

  • St Therese's Catholic Primary School

    Lakemba, NSW, 2195 Independent K-6

  • Wiley Park Public School

    Wiley Park, NSW, 2195 State K-6

  • Wiley Park Girls High School

    Punchbowl, NSW, 2196 State 7-12

  • Al Hikma College

    Lakemba, NSW, 2195 Independent K-6

  • St Charbel's College

    Punchbowl, NSW, 2196 Independent K-12

  • Rissalah College

    Lakemba, NSW, 2195 Independent K-7

  • Lakemba Public School

    Lakemba, NSW, 2195 State K-6

  • Canterbury Vale School

    Lakemba, NSW, 2195 State U


Property Story

295 Lakemba Street, Wiley Park, Nsw, 2195 is a residential property with 4 bedrooms, 1 bathrooms and 3 Parking spaces. The estimated value of this home is $1,755,000 while properties of this type typically sell for between $1,080,000 and $1,430,000 in this suburb. The estimated distance to the sea is 9.05km and 0.94KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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