← Board · Lakemba — prices, sales, schools, crime

55 Fairmount Street, Lakemba

Strata plan SP4224 · 12 lots (NSW Strata Hub) · registered 1969-09-30 (age floor) · VG property id 1415409

This building has 11 recorded sales since 2015; 100% of its 3 tracked resales sold above the owner's purchase price. Every figure below is a government record with its source named — and the last section lists what the public record cannot tell you.

55 Fairmount St, Lakemba 2195 has 12 strata lots with 11 recorded sales since 2015, including 5 in the last 3 years. The median hold time is 2.7 years, and 100% of resales sold above their purchase price. In the postcode, 1-bedroom apartments have a median rent of $450/wk (middle half $420–$462/wk), 2-bedroom units median $550/wk (middle half $500–$572/wk), and 3-bedroom units median $720/wk (middle half $640–$755/wk).

Written by AI from the government records on this page — checked figure-by-figure against them (2026-08-28). A description of the record, never advice.

Every sale in this building

11 priced transfers on the public record since 2015. Across 3 same-unit resales, owners held a median 2.7 years and 100% sold above what they paid (median +10.1%/yr gross — price only, before costs and any renovation).

In the last three years, 5 lots changed hands — 42% of the scheme's 12 lots. Trailing 36 months of VG transfers ÷ registered lot count.

Unit 7$500k2025-01-31

Unit 5$475k2024-06-26

Unit 12$40k2024-04-05

Unit 4$455k2024-03-18

Unit 3$390k2024-01-31

Unit 3$340k2022-08-26

NSW Valuer General bulk property sales information (CC-BY), every lot sharing this building's property id; unit labels are the register's own strings. Transfers under 3 months apart are excluded as double entries; growth figures are gross price movements, not returns.

What units here actually rent for

1-bed$420–$462/wkmedian $45044 bonds, Q2 2026

2-bed$500–$572/wkmedian $550163 bonds, Q2 2026

3-bed$640–$755/wkmedian $72031 bonds, last 12 mo

Real transacted rents — every residential bond lodged in postcode 2195 (NSW Fair Trading, CC-BY). Postcode is the finest geography the source publishes; the middle half (25th–75th percentile) is shown because identical floor plans in one building can lease hundreds apart.

Nearby buildings with dossiers

1 Bellevue Ave10 sales · 8 lots

23 Fairmount St10 sales · 20 lots · 100% of resales above purchase

229 King Georges Rd10 sales · 67% of resales above purchase

915 Canterbury Rd71 sales

6 Haldon St33 sales · 78 lots

What this dossier cannot tell you

Stated so a gap never reads as a clean bill (rule 7's positive form — silence is not evidence):

The strata books. Levies, the capital-works (sinking) fund, insurance, AGM minutes, and any defect claims in progress are not public records. Only a strata report — a paid inspection of the owners corporation's own books — has them. If you are serious about a unit here, buy that report; nothing on this page substitutes for it.
When the building was actually completed. The 1969 registration date is a floor — the scheme existed by then. Occupation certificates aren't in our sources; a conveyancer can obtain them.
Bedrooms on sales records. The Valuer General publishes no bedroom counts, so the sales above are every configuration pooled — a $732k sale and a $1.38M sale may be different-sized homes, not a price swing.
This building's own rents. Bond data is postcode-grain — the ranges above are the area's real transactions, not this building's ledger.
Why any individual vendor is selling. The patterns above are the building's record; no line on this page is a claim about a particular home or owner.

© State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au. VG figures: NSW Valuer General bulk property sales information (CC-BY). Every fact above names its source; where a source doesn't cover this building, the section doesn't appear.