Lakemba

Top Rated Property Manager

Lakemba Property Manager

Chris Dimitropoulos is the highest rated property manager in Lakemba and the Canterbury-Bankstown region. With an extensive two decades of experience in investing and real estate management, Chris decided to establish NextGen – an agency dedicated to providing specialised property management services based in Sydney.

With a degree and an MBA from the University of Technology, Chris is also a licensed Real Estate Agent in NSW with extensive knowledge of the industry as well as Lakemba. His intimate understanding of the local market, acquired through managing properties within the suburb since 2017, sets him apart as one of the best property managers in Lakemba. Not to mention having grown up in the Canterbury-Bankstown region and being a proud Bulldogs supporter! Chris takes immense pride in delivering a superior level of care and leveraging his vast local knowledge to ensure exceptional outcomes for property owners.

You can contact Chris now by sending him an email on chris@nextgenpm.com.au or calling on 0414494840.

Chris Dimitropoulos

Chris Dimitropoulos – Property Manager in Lakemba

Rental Market

As a sought-after suburb with a high demand from renters, Lakemba presents an excellent opportunity for skilled property managers to secure great rental returns for property owners. These rental prices typically vary depending on the size, location and type of property. Prospective tenants have a mixture of properties to choose from including Federation and Austerity years style houses, newly developed McMansions, but also apartments ranging from the typical 1970’s red brick style to new apartments. At any given time, there is a substantial inventory of up to 120 rental residential properties actively advertised, catering to the diverse needs of prospective tenants.

Lakemba, situated in the Canterbury-Bankstown region, showcases a diverse mix of residential properties, encompassing both low and high density options, along with a selection of commercial properties. It features a large and thriving migrant population, making Lakemba a diverse cultural hub! Renowned for its exceptional shopping precinct and outstanding transport infrastructure, Lakemba holds immense appeal for renters, catering to the needs and preferences of both white-collar professionals and aspiring small business owners. Coupled with many attractions and lifestyle offerings Canterbury-Bankstown has to offer, Lakemba has emerged as a thriving hotspot for renters over its close neighbours.

Rental prices for a typical 1 bedroom apartment in Lakemba range from $400 to $500 per week and 2 bedroom apartments advertise for around $450 to $550 per week. Lakemba also boasts a number of rental houses, varying in condition and age, with rental prices ranging from around $500 per week and upwards of $750 per week.

Lakemba by the numbers (2021 ABS Census)

  • Population: 96,008
  • Males: 51.3%
  • Females: 48.7%
  • Median age: 34
  • Number of Families: 22,570
  • All private dwellings: 33,114
  • Average people per household: 3.1
  • Median weekly household income: $1,332
  • Median monthly mortgage repayments: $2,106
  • Median weekly rent: $360
  • Average motor vehicles per dwelling: 1.6
  • Walk Score: 74 – Very Walkable

Why NextGen as your Lakemba Property Manager?

NextGen Property Mgmt (nextgenpm.com.au) is a Real Estate Agency that specialises in property management. Our team comprises many exceptional real estate agents who are dedicated to delivering unparalleled service, making us the best choice for property management in Sydney. What sets us apart is that we are landlords ourselves! Canterbury-Bankstown and Lakemba in particular is our playground, and we have had a strong presence in the suburb since our inception as a real estate agency.

Today we have a large number of rental properties under management in the area and are always looking to add more as we just love the demographic. This is what he had to say when asked about the Rental Market in Lakemba.

“I’ve lived and worked in the area for 2 decades. Sproule St is where I grew up! In that time we’ve seen prices and rents triple in value! Lakemba is a major transport hub, with a thriving migrant community and renters are always drawn to it. The best things about Lakemba are its nightlife, the location and transport system. Lakemba is on the Bankstown line and it takes less than 30 minutes to get to the Sydney CBD. Great for white collar workers. 

These days, as a property manager, I have come to realise that, when considering the central location of Lakemba with easy access to the best that Canterbury-Bankstown has to offer, few suburbs fair better than Lakemba. 

If you have any questions about the rental market, or would like a second opinion on your rental property, please let us know and our local property manager will be able to meet with you and discuss. Our advice to landlords looking for a property manager to manage their property, is to look for someone that has the capacity and headspace to care for their property, their tenant, and them as a customer. Our local dedicated property manager can certainly do that.

If you want to learn more about us just click here to organise a time for a chat, or call us on 0414494840. We would love to hear from you and to share our story.

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