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NSW › Lakemba › Dennis St

120 Dennis St, Lakemba NSW 2195

For saleHouse for Sale

$51,130

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

689 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $51,130 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $51,130(Listing record · 12 Aug 2026)
  • FactLand 689 m²; no building size recorded.(Property record)
  • CalculationAsk is 97% below the Lakemba median recorded sale ($1,520,000, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lakemba's advertised median rent ($530/wk), implied gross yield would be 53.90% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$51,130

Asking · $74/m² of land

No recorded sale for this property.

Lakemba at a glance

17,954

People

$1,520,000

Median sale

$530/wk

Median rent

1.81%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Lakemba report →

Vs Lakemba

-96.6%

Median sale

Suburb $1,520,000

+52.09 pp

Gross yield

Suburb 1.81%

Suburb median $1,520,000 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$51,130
Stamp Duty (New South Wales)
$759
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$55,756

$4,626 on top of the price (9.0% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lakemba's advertised median rent — not a rent for this listing.

Net yield
52.40%
Annual cashflow (pre-tax)
$24,134
Interest cover (DSCR)
10.08
Annual rent
$27,560
Operating expenses
$767
Loan amount
$40,904
Annual interest
$2,659
Gross yield
53.90%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$51,130available12 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $530/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 53.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Lakemba in one glance

Lakemba at a glance

17,954

People

$1,520,000

Median sale

$530/wk

Median rent

1.81%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Lakemba report →

Keep researching

  • Why Lakemba? Read the area thesis →
  • What else is on the market in Lakemba →
  • Other records on Dennis St →

Listing material

Listed by hockingstuart Bankstown

A Prime Canvas for Your Next Vision

Set on a generous 689sqm approx. parcel of land in a well-established pocket of Lakemba, this property presents an exciting opportunity for those seeking space, flexibility and genuine future potential. With a substantial 14-metre frontage approx., side access, and a practical layout, this property provides an excellent foundation for those looking to create something tailored to their vision. The combination of a well-established location and the property's existing improvements makes this an appealing proposition for builders, developers, investors or families looking to secure a sizeable parcel in a sought-after residential setting.

The home itself offers four bedrooms, separate living and dining spaces, a kitchen with gas cooking, internal laundry, and two full bathrooms. An inground pool, separate rear studio and single lock-up garage add further versatility to the site. The existing improvements provide a strong starting point for those looking to transform the property and maximize what the land has to offer. The rear studio also presents the potential to create a second income stream with further improvements, subject to council approval. Whether you are looking to create a modern family home or explore the property's broader possibilities, the combination of generous land, exceptional location, and future potential provides an exciting foundation for what comes next.

Adding to the property's appeal is its highly convenient location, with everyday essentials, transport and education all within easy reach. Lakemba Train Station is just 4 minutes away, while Lakemba's local shops are approximately 700m from the property, making daily errands quick and convenient. Families are well positioned with both Holy Spirit Catholic College and Lakemba Public School approximately 4 minutes away, while HomeCo Roselands is also only a short 6-minute drive. With such a convenient selection of shopping, schools and transport close by, this residence offers a location that complements the property's generous land and future potential.

Read the full description

Features:

- Four spacious bedrooms all complete with built-in wardrobes

- Kitchen with gas cooking and ample storage

- Formal living and dining areas

- Neat and tidy full bathroom

- Internal laundry with second full bathroom

- Separate rear studio with versatile use

- Inground swimming pool

- Single lock-up garage

- Total of 689.2sqm approx. with a 14-meter frontage approx.

Auction on-site, Saturday 5th September at 11:30am

Listing description written by George Hourani, hockingstuart Bankstown — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Floorboards
  • In-Ground Pool

Also look at

Also for sale in Lakemba

  • U4, 72 Dennis St, Lakemba NSW 2195

    2-bed unit. Asking $529K.

    For sale
  • U6, 72 Dennis St, Lakemba NSW 2195

    2-bed unit. Asking $559K.

    For sale
  • UG05, 5A Hampden Rd, Lakemba NSW 2195

    2-bed apartment. Asking $680K.

    For sale
  • U1-6, 16 Ernest St, Lakemba NSW 2195

    12-bed block of units. Asking $3M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.