Lakemba at a glance
Median house
$1,480,000
+4.8% over 12 months
Median unit
$420,000
Weekly rent
$775
Houses · units $530
Gross yield
2.7%
Houses, on the median
Population
17.1k
Median age 32
Walk score
88
Very walkable
Prices: Median of 55 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2195), June 2026 · Population: 2021 Census
Houses change hands at $1,480,000 on a typical sale, above the NSW median (55 house sales, NSW Valuer General, calendar 2025). Units come in around $420,000, roughly 72% below the house median. The 12-month picture is one of steady growth (+4.8%).
For buyers
A 20% deposit on the median house works out to roughly $296,000. Prices sit above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
For sellers
Twelve-month growth is +4.8%, supporting confident pricing at the upper end of recent comparables.
Market
House prices in Lakemba.
Median house price
$1,480,000
+4.8% over the past year. Median unit price $420,000.
Median of 55 house sales · NSW Valuer General · calendar 2025
Rental and ownership
Weekly rent (house)
$775/wk
Weekly rent (unit)
$530/wk
Owner occupied
39%
Renter occupied
58%
At a deeper level
$1,480,000
+4.8% annual growth
$420,000
17,092
Median age: 32
Rental data as of June 2026· rental-nsw
5-year trajectory
at +4.8%/yr
2021
$1.2M
5-year change
+26%
2026
$1.5M
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
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The brief
What to know about Lakemba.
Lakemba's median house price is $1,480,000 (median of 55 house sales recorded by the NSW Valuer General in calendar 2025).
Postcode 2195 (NSW), Canterbury-Bankstown City Council, part of Greater Sydney.
Lakemba (2195) sits in the Canterbury-Bankstown region of NSW. The median house here is $1,480,000, above the NSW median of around $1.10M. Prices have moved +4.8% over the past year, ahead 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.
Side by side
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Nearby suburbs
Day to day
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
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For investors
Investment overview.
Gross rental yield on houses sits at 2.72% (median rent $775/wk against a $1,480,000 price tag). Units yield 6.56% 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.
Gross Yield (House)
Source: NSW Valuer General (PSI) · Sept 20262.72%
Based on $1,480,000 median
Gross Yield (Unit)
Source: NSW Valuer General (PSI) · Sept 20266.56%
Based on $420,000 median
Annual Growth (House)
Source: NSW Valuer General (PSI) · Sept 2026+4.8%
Year-on-year capital growth
Annual Growth (Unit)
Source: NSW Valuer General (PSI) · Sept 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202639%
Higher = more owner-occupier demand
Days on Market
Source: NSW Valuer General (PSI) · Sept 2026–
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.
Safety
Crime and safety.
352
total offences in 2026
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 2026· 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 $1,480,000 (median of 55 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $420,000. Annual growth is +4.8%.
- How much is my house worth in Lakemba?
- A useful starting point is the Lakemba median house price of $1,480,000 (units $420,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Lakemba a good investment?
- On the published figures, the gross rental yield on houses in Lakemba is 2.7%: the median weekly house rent is $775 (NSW rental bond data (postcode 2195), June 2026) against the median house price of $1,480,000 (NSW Valuer General, calendar 2025). The median house price rose 4.8% over 12 months on the same NSW Valuer General figures. Whether Lakemba is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- 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 $775, for units it's $530.
- 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 Wiley Park, Belmore, Belfield, Greenacre, Roselands.
- What is the population of Lakemba?
- The population of Lakemba is approximately 17,092 (2021 Census). The median age is 32.
Lakemba
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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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