OFF MARKET

2/1 Edwell Place
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 5167m2
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Last updated 28 Oct 2024
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Property Details for 2/1 Edwell Pl, Lyneham

2/1 Edwell Pl, Lyneham is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1988. The property has a land size of 5167m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Townhouse
Year Built
1988
Floor Size
81m2
Land Size
5167m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 1, Section 78, Unit 2

Last Listing description (July 2021)

Nestled in a small townhouse development in North Lyneham, this single level unit is ideally located for a quieter lifestyle in an inner-city suburb. Looking over at the surrounding bushland reserve it's hard to believe that this property is only a ten-minute drive from the city centre.

With two spacious bedrooms, both with large built-in robes, this unit is sure to tick a lot of boxes. It has a light-filled open living area with a large inverter split system which will keep you warm in winter and cool throughout the summer months.

With the inclusion of two private courtyards located at the front and rear, the property is perfect for entertaining friends or enjoying an afternoon beverage.

The real winner of this property is the locality. It is a short stroll to the local North Lyneham shops, Next Gen sporting facility, sought after schools and easy access to public transport. For the avid golfer or horse enthusiast this property is only a stone's throw away.

Features:
- 2 spacious bedrooms with large BIR
- Open plan living area
- Separate Laundry
- Inverter Split System
- 2 courtyards (front and rear of property)
- Single carport (plus additional car park on the premises)
- Additional secure storage room
- Close to shops, sporting amenities and public transport
- Close proximity to several schools (including sought after St Michael's Primary)
- Great investment opportunity with tenants in place

Rates - $464 (per quarter) approx.
Land Tax - $680 (per quarter) approx.
UV - $153,013

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Property History for 2/1 Edwell Pl, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$405,000
29 Aug 2018
Listed for Rent
$350/w
20 Jan 2016
  • 24 Jul 2021
    Listed for Sale Sold
  • 29 Aug 2018
    Sold for $405,000
  • 22 Jun 2018
    Listed for Sale $415,000
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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 3,081 properties. Over the last 5 years, Houses in Lyneham have seen a 50.36% increase in median value, while Units have seen a 36.79% increase. As at 30 September 2024:

  • The median value for Houses in Lyneham is $1,159,300 while the median value for Units is $522,010.
  • Houses have a median rent of $605 while Units have a median rent of $548.
There are currently 29 properties listed for sale, and 14 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Lyneham.

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