OFF MARKET

1/16 De Burgh Street
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 682m2
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Property Details for 1/16 De Burgh St, Lyneham

1/16 De Burgh St, Lyneham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 682m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
2011
Floor Size
55m2
Land Size
682m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 7, Section 55, Unit 1

Last Listing description (July 2024)

This one bedroom light filled apartment is located in a small complex on De Burgh Street. The open plan living space has loads of natural light, new wooden floorboards and the glass sliding doors leading out into the courtyard. The main bedroom has built in robes and is serviced by the main bathroom. The apartment is just a short stroll to Lyneham Shops and Schools, close to the light rail and only a few minutes drive to the Central Business District.

Features include:

- New wooden floorboards
- Open plan living and dining area
- Courtyard
- Reverse cycle heating and cooling
- Underground parking spaces with internal access
- Storage cage
- Kitchen with stone bench tops, stainless steel appliances including dishwasher
- Minutes to the nearest tram stop and numerous bus stops
No current EER

This property has a valid exemption and is not required to comply with the minimum ceiling insulation standard.

Suburb Snapshot
Lyneham is a suburb of Canberra, Australia in the North Canberra district. It is named after Sir William Lyne, premier of the Australian state of New South Wales from 1899 to 1901. The suburb name was gazetted in 1928, but development did not commence until 1958. The streets of Lyneham are named after artists and people associated with the development of early Canberra.

Lyneham has many attractions including nature parks and bushland, proximity to the centre of Canberra, popular cafes including the famous Tilley's Devine Cafe and Gallery as well as the Front Cafe and Gallery, and a number of sporting facilities including the National Hockey Centre, Canberra Racecourse and the ACT Netball Centre.

Also located in Lyneham is Exhibition Park in Canberra (EPIC), which annually hosts Australia's best known car festival, Summernats, the Royal Canberra Show and the National Folk Festival.

Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this rental advertisement, LJ HOOKER CANBERRA CITY does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective tenants to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

PETS:
Please be aware that at all stages of tenancy this property requires consent to be sought from the lessor for the keeping of any pets at the premises. Consent must be provided before any pets are at the premises.

RENTING BOOK:
https://www.justice.act.gov.au/__data/assets/pdf_file/0008/2443472/Renting-Book-May-2024.pdf

Property History for 1/16 De Burgh St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$342,000
20 Apr 2018
Listed for Rent
$490/w
21 May 2024
  • 19 Apr 2024
    Listed for Rent $490 / week
  • 11 Apr 2023
    Listed for Rent $480 / week
  • 25 Jan 2022
    Listed for Rent - Price not available
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About Lyneham 2602

The size of Lyneham is approximately 5.4 square kilometres. It has 17 parks covering nearly 52.3% of total area. The population of Lyneham in 2011 was 4,485 people. By 2016 the population was 5,103 showing a population growth of 13.8% in the area during that time. The predominant age group in Lyneham is 20-29 years. Households in Lyneham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyneham work in a professional occupation. In 2011, 48.3% of the homes in Lyneham were owner-occupied compared with 41.8% in 2016.

Lyneham has 3,079 properties. Over the last 5 years, Houses in Lyneham have seen a 57.58% increase in median value, while Units have seen a 34.28% increase. As at 31 October 2024:

  • The median value for Houses in Lyneham is $1,185,162 while the median value for Units is $520,720.
  • Houses have a median rent of $585 while Units have a median rent of $540.
There are currently 30 properties listed for sale, and 17 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Lyneham.

Suburb Insights for Lyneham 2602

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.