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Sold on 11 Oct 2023 - Price Unavailable

16 Mackennal Street
Lyneham ACT 2602

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 780m2
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Property Details for 16 Mackennal St, Lyneham

16 Mackennal St, Lyneham is a 4 bedroom, 2 bathroom House. The property has a land size of 780m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom House sold in Lyneham in the last 12 months.

Building Type
House
Land Size
780m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 23, Section 38

Last Listing description (October 2023)

Auction Location: In Rooms | LJ Hooker Canberra City | 182 City Walk, Canberra City

Auction: Wednesday 11th October 6:00pm

In Rooms | LJ Hooker Canberra City | 182 City Walk, Canberra City

Looking for an investment that's twice as nice, look no further than 16 Mackennal Street Lyneham, where two fantastic dwellings grace a sprawling block of land, offering endless possibilities and a steady rental income stream that exceeds $1000 per week!

Situated on a generous flat block of land, this property provides the rare opportunity for a knock-down rebuild, allowing you to create the home of your dreams in an unbeatable location. Alternatively, you can choose to retain both dwellings and continue reaping the benefits of the excellent rental income.

Nestled in the highly sought-after suburb of Lyneham, you'll enjoy the convenience of nearby shops, schools, and parks, as well as easy access to Dickson's thriving precinct and heart of Canberra in City Central. It's a location that promises a superb lifestyle and strong capital growth potential.

Please speak with Tim Russell at 0416 087 834 or Jackson White-Brettell at 0421 479 376 for further information or a private inspection.

Rates: $4,478 pa approx
Land Tax: $7,213 pa approx
EER: 1.0

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Property History for 16 Mackennal St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
11 Oct 2023
Listed for Rent
$700/w
23 Jul 2024
  • 19 Jun 2024
    Listed for Rent $675 / week
  • 15 Dec 2023
    Listed for Rent $450 / week
  • 13 Oct 2023
    Sold for $1,350,000
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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 3,093 properties. Over the last 5 years, Houses in Lyneham have seen a 54.20% increase in median value, while Units have seen a 38.98% increase. As at 31 August 2024:

  • The median value for Houses in Lyneham is $1,172,170 while the median value for Units is $521,791.
  • Houses have a median rent of $630 while Units have a median rent of $550.
There are currently 25 properties listed for sale, and 14 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Lyneham.

Suburb Insights for Lyneham 2602

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Contact agent
Tim Russell
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Jackson White-Brettell
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LJ Hooker Kaleen
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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.