4/98 Yangoora Road, Lakemba NSW 2195
4/98 Yangoora Road, Lakemba NSW 2195
Top-floor north aspect | Boutique five-unit complex | Oversized garage | Renovated with district views
This unit’s rarity and functional strength create a defensible position for a buyer. A top-floor residence in a five-unit complex eliminates the noise and density drawbacks typical of the area, while the north aspect and full renovation deliver immediate livability. The oversized garage and lack of common walls are substantial practical advantages. It serves an owner-occupier seeking light and privacy, or an investor securing a scarce, high-amenity product with proven tenant appeal.
Your decision weighs the premium for scarcity against strata governance risk in a small scheme. The recent sale price increase indicates captured demand, but future capital growth relies on the suburb’s continued momentum rather than new catalysts. At a 5% yield, it functions as a stable, low-maintenance holding. Proceed if you value specific livability over pure yield, as its configuration is its primary and lasting advantage.
A comparable sale exists for this specific property:
– 4/98 Yangoora Road, Lakemba sold 18 May 2025 for $542,300.
This sale, occurring within the last year, establishes a clear price trajectory and suggests the current asking range reflects recent market appreciation. It provides a credible baseline for your negotiation.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/98 Yangoora Road, Lakemba NSW 2195
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✕
2
Insight: Lakemba NSW 2195
Lakemba presents a market of distinct segmentation, with its unit sector demonstrating robust growth and attractive yields, contrasting with a more subdued house market. This divergence suggests strong investor and entry-level buyer demand for apartments, drawn by relative affordability and solid returns. The overall market shows long-term resilience and is currently assessed at fair value, indicating stability rather than speculative froth. Future performance will hinge on sustained demand for its more affordable housing typologies amid broader economic conditions.