OFF MARKET

2 Montford Crescent
Lyneham ACT 2602

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 792m2
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Property Details for 2 Montford Cres, Lyneham

Building Type
Commercial
Land Size
792m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 9, Section 102

Last Listing description (November 2017)

Unit 2 of 2 Montford Crescent Lyneham is a Single ground level 67m2 unit located in the North Lyneham shopping centre just 4.5km from the CBD.
This property represents an exciting opportunity for an owner occupier or investor to take control of this exceptional property and offers a unique opportunity to purchase in a much sought after location. The property will be sold via an Private Treaty sale process.
The property has the following primary attributes:

Ground Level Unit comprising 67m2
Opportunity to own property 5 minutes drive from the CBD
2 off street car parks (unallocated)
Prime location amongst North Lyneham shops
Updated fit out within
Free on street parking at Centre
The building will be a highly sought building due to its proximity to the CBD and quality of internal fitout.
The building is for Sale via Private Treaty

Property History for 2 Montford Cres, Lyneham, ACT 2602

A timeline of how this property has performed in the market
  • 18 Apr 2017
    Listed for Sale Not Disclosed

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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 23 properties listed for sale, and 21 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 136 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.