24/22 Archibald StreetLyneham ACT 2602
Property Details for 24/22 Archibald St, Lyneham
24/22 Archibald St, Lyneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 16113m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (June 2023)
Apartments at Fairway Park have a reputation for being solidly constructed, well maintained and, of course, in an ideal inner north location. Apartment 24 is the perfect opportunity to add a quality property in this complex to your investment portfolio and with a lease in place until April 2024 you can sit back and relax as you reap the rewards of a secure tenant and a guaranteed $375/week locked in until then.
With 61 square metres of living space (plus balcony) the apartment has two bedrooms with ample storage, a large open-plan kitchen with ceramic cooktop and large bathroom with a European-style laundry. Year round comfort is assured with split system reverse-cycle air conditioning,
Adding to the investment appeal is the location - where else could you be walking distance to the cafe's and restaurants of Dickson & Lyneham, the Southwell Park playing fields, National Hockey Centre, Canberra Tennis World, Next Gen gym or Yowani Country Club?
The light rail is also at your doorstep ready to take you directly to the City and you're only a short drive to the ANU or Canberra Uni.
For further information please feel free to call Andrew on 0403 169 259 or come along to the next open home!
Features:
Both bedrooms with built-in robes
Separate kitchen with plenty of storage and bench space
Large bathroom with European laundry
Split system reverse-cycle air conditioning
Single allocated car space
Ample visitor parking
Rental return of $375/week until April 2024
Solid brick construction
Close to local amenities in a leafy, well-established suburb
Property History for 24/22 Archibald St, Lyneham, ACT 2602
- 06 Apr 2023Sold for $430,000
- 06 Jul 2022Listed for Sale $430,000+
- 13 Jan 2016Listed for Rent $355 / week
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0About 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.
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