OFF MARKET

163/259 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
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Last updated 11 Nov 2024
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Property Details for 163/259 Northbourne Ave, Lyneham

163/259 Northbourne Ave, Lyneham is a 1 bedroom, 1 bathroom House and was built in 1960. The property has a floor size of 39m2.

Building Type
House
Year Built
1960
Floor Size
39m2
Local Government
Canberra Central

Last Listing description (April 2024)

Welcome to the ultimate in urban living in the heart of Lyneham. This ground-floor apartment is not just a home, it's a lifestyle waiting for you. With a tenancy in place until June 2025, Unlock the doors to a fantastic investment prospect in the heart of Lyneham.

Step into a bright, open, and spacious living area, with sunlight pouring in through floor-to-ceiling windows with access to your own courtyard. Your year-round comfort is ensured by a sleek split-system unit.

The bedroom is generously sized and boasts mirrored built-in robes, offering ample storage space. The bathroom is a stylish retreat, featuring neutral tones and floor-to-ceiling tiles, a shower, vanity, and toilet. A European-style laundry with a dryer makes laundry days a breeze.

Experience the convenience of having Canberra's finest just steps from your front door. With a Light Rail stop situated at the intersection of Macarthur Avenue, city access has never been more effortless

Property Features:
- Open-plan Living and Dining Area
- Light filled North Facing Ground Unit
- Front private Courtyard
- Modern Kitchen with quality appliances
- Separate Secure Storage provided
- Access to the Rooftop Barbeque area
- This remarkable property, renowned as a heritage treasure, awaits its fortunate new owner. Your dream heritage property is here
- Tenanted until June 2025 for $420 per week

Particulars (all approx.):
- Living Size: 39m2
- Front Courtyard Size: 19m2
- EER: 6.0
- Rates: $334.65 pq
- Land Tax: $384.97 pq
- Body Corporate: $550.39 pq

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Property History for 163/259 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Listed for Rent
$420/w
09 Jun 2023
  • 26 Oct 2023
    Listed for Sale Sold - Contact Agent
  • 31 May 2023
    Listed for Rent $420 / week
  • 15 Apr 2021
    Listed for Rent $410 / week

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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 3,075 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 27 properties listed for sale, and 23 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Lyneham.

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