Average rent in Lakemba, NSW — 2026

Lakemba comes in below the New South Wales median, with renters typically paying $350/week — about 17% under the state-wide $424/week baseline (ABS Census 2021). What stands out is the renter share — 58% of households here rent, well above the state-wide owner-occupier baseline. Lower-than-median rent paired with a renter majority typically means a faster-moving rental market: more frequent turnover and more places coming up for rent at any given time. Housing breaks down as 26% separate houses and 70% flats. Population is 17,092, median age 32, and the most common occupation is Professionals. 60% of residents were born overseas, and the suburb sits 14km from Sydney. Applications can close quickly here, so flexibility on inspection times helps.