Lakemba at a glance
Median house
$1,330,000
+17.6% year on year
Median unit
$420,000
Days on market
42
Average to sell
Walk score
88
Very walkable
Population
17.1k
Median age 32
The brief
What to know about Lakemba.
The postcode for Lakemba is 2195 (NSW), part of Greater Sydney.
The median house price in Lakemba is $1,330,000.
Lakemba (2195) sits in the Canterbury-Bankstown region of NSW. The median house here is $1,330,000, above the NSW median of around $1.10M. Prices have moved +17.6% over the past year, well clear of the NSW average (3%).
Lakemba has roughly 17,092 residents, with a young-family demographic. Households are renter-heavy. Day-to-day life here is very walkable, with most errands manageable on foot. Listings here typically sell in 42 days, slower than the NSW average of 32.
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What it’s like to live here.
Lakemba scores 88/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 8°C (mild). Annual rainfall lands at about 1302mm. Data comes from the Bureau of Meteorology's Sydney (Observatory Hill) station, 32.5km away.
Schooling within or near the suburb covers 8 government primary, 2 government secondary, 3 Catholic, 5 independent.
Who lives here
Demographics.
The 2021 Census put Lakemba's population at 17,092, with a median age of 32. That sits as a young-family demographic. Households are renter-heavy (39% own, 58% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (71% family households, 19% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
17,092
Median age
32
Family households
71%
Lone person
19%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,330,000 on a typical sale, above the NSW median. Units come in around $420,000, roughly 68% below the house median. The last 12 months delivered strong growth (+17.6%) — well clear of the long-run average for the state. Days on market run long (42 days), so well-priced listings still need patience.
For buyers
A 20% deposit on the median house works out to roughly $266,000. Prices sit above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
For sellers
Days on market are running long here (42 days), so realistic pricing and patient marketing matter. Twelve-month growth is +17.6%, supporting confident pricing at the upper end of recent comparables.
Market
The price of a home here.
Median house price
$1,330,000
+17.6% over the past year. Median unit price $420,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$350/wk
Weekly rent (unit)
$350/wk
Owner occupied
39%
Renter occupied
58%
At a deeper level
$1,330,000
+17.6% annual growth
$420,000
42
Average days to sell
17,092
Median age: 32
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For investors
Investment overview.
Gross rental yield on houses sits at 1.37% (median rent $350/wk against a $1,330,000 price tag). Units yield 4.33% gross, often the better cash-flow play for first-time investors. With 58% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs. The 12-month growth of +17.6% adds a capital-growth case on top of the yield.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20241.37%
Based on $1,330,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20244.33%
Based on $420,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024+17.6%
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202639%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 202442 days
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
5-year trajectory
at +17.6%/yr
2021
$591K
5-year change
+125%
2026
$1.3M
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
Safety
Crime and safety.
764
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of January 2025· State Police Open Data
Getting around
Walkability.
88
20
25
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Lakemba.
Local schools for Lakemba
View the catchment for each school to find out more.
Government School Catchment
Canterbury Vale School
Hampden Park Public School
Lakemba Public School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
1302 mm
Hottest Month (avg max)
26.2°C
Coldest Month (avg min)
8.4°C
Monthly Rainfall (mm)
Weather data from BOM station Sydney (Observatory Hill) (33 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Lakemba.
- What is the median house price in Lakemba?
- The median house price in Lakemba, NSW 2195 is $1,330,000. The median unit price is $420,000. Annual growth is +17.6%.
- What is the Lakemba postcode?
- Lakemba is in the 2195 postcode, in NSW, in the Canterbury-Bankstown City Council region.
- Where is Lakemba?
- Lakemba is a suburb of Sydney, in NSW 2195. It is part of the Greater Sydney area, in the Canterbury-Bankstown City Council region.
- What is the average rent in Lakemba?
- The median weekly rent for houses is $350, for units it's $350.
- What schools are in Lakemba?
- There are 20 schools serving Lakemba on this page, including Holy Spirit Catholic College, St Therese's Catholic Primary School, Canterbury Vale School.
- How walkable is Lakemba?
- Lakemba has a Walk Score of 88 out of 100, very walkable. transit score 20, bike score 25.
- What suburbs are near Lakemba?
- Lakemba is close to Lakemba Dc, Wiley Park, Belmore, Belfield, Greenacre.
- What is the population of Lakemba?
- The population of Lakemba is approximately 17,092 (2021 Census). The median age is 32.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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