OFF MARKET

130/26 Oliver Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 1106m2
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Property Details for 130/26 Oliver St, Lyneham

130/26 Oliver St, Lyneham is a 2 bedroom, 1 bathroom Unit and was built in 1983. The property has a land size of 1106m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1983
Floor Size
60m2
Land Size
1106m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 5, Section 53, Unit 8

Last Listing description (January 2023)

Enjoying a superior position in the heart of a vibrant dining and lifestyle precinct, this light-filled apartment delivers everything desired for inner city convenience. Positioned in a small complex, an enticing location make this an impressive opportunity for owner occupiers and investors alike.

Large windows and a sunny aspect amplify the space within a large open-plan layout. Sliding doors flow to a large partially covered alfresco balcony, extending your dining and living options outdoors and enjoying a sublime elevated outlook; ever-changing greenery a welcome and unique inclusion to your vibrant locale.

The kitchen is large in size, with ample bench and storage space. The bathroom is also large and centrally located with laundry concealed inside.

Two spacious bedrooms are on offer, both with built in robes. These are ideally located at the rear of the apartment.

Peacefully positioned in the ever-popular suburb of Lyneham, you'll be within walking distance to shopping, dining, transport and other local amenities.

Previously utilised as an Air BNB, this property would make the ideal property for the savvy investor to add to their portfolio.

Top floor, north facing apartment in quiet complex
Large partially covered balcony with elevated outlook
Well appointed kitchen with superb storage, gas stove and breakfast bar
Airy light filled sizeable bedrooms, both with built in robes
Master bathroom with good storage and internal laundry
Covered carport with storage
Light rail stop only moments away
Excellent opportunity for a first home buyer or an astute investor, with fantastic Air BNB return or the potential for up to $530 per week as a residential tenancy
Walk to parks, schools, the local Lyneham or Dickson shops plus the light rail stop close by.

Living Size: 60.5m2 (approx.)
Balcony: 7.5m2 (approx.)
Carport: 15m2 (approx.)
Rates: $ 1,235 p.a (approx.)
Land Tax: $1,392 p.a (approx.)
Body Corporate: $2,761 p.a (approx.)
Construction: 1983
EER: 3.5

Property History for 130/26 Oliver St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$489,000
31 Aug 2022
  • 11 Jan 2023
    Listed for Sale Sold
  • 31 Aug 2022
    Sold for $489,000
  • 12 May 2022
    Listed for Sale Under Contract
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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 3,102 properties. Over the last 5 years, Houses in Lyneham have seen a 54.95% increase in median value, while Units have seen a 27.70% increase. As at 30 November 2024:

  • The median value for Houses in Lyneham is $1,189,196 while the median value for Units is $497,358.
  • Houses have a median rent of $585 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 15 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.