26/60 Wattle StreetLyneham ACT 2602
Property Details for 26/60 Wattle St, Lyneham
26/60 Wattle St, Lyneham is a 0 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 11172m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (December 2022)
Keen to be close to the city? Looking for a sound, low maintenance investment?
The Cotter Court complex the apartment offers neat and private living in the popular inner north and is an tremendous opportunity for those looking to buy in this location at a bargain price.
The compact floor plan makes great use of space, with an open kitchen and living area, and a balcony off the main bedroom, which is great to sit and watch the sun go down. A convenient bathroom & laundry combination keep things compact and tidy.
The best thing about this particular unit is the ability to add value. This location is one of Canberra's favourites for the youngsters keen to have their own slice of freedom, or those singles on a budget who also want convenience.
Young professionals, first home buyers, downsizers and investors alike will appreciate the many benefits of the apartment and its premium location. Super close to the Lyneham shops, Dickson restaurant precinct, CBD, the ANU, the University of Canberra and the MacArthur Avenue light rail stop all make Cotter Court a cracking investment opportunity that will always attract a premium rental return. Enjoy sport?
You are so close to numerous sporting facilities as well as being in the catchment area for Lyneham High School.
Features:
Two comfortable bedrooms with built-in robes - main with balcony
Open plan living and kitchen area
Bathroom with laundry area
Full brick construction
Single carport and ample visitor parking
Super convenient location
Walking distance to the Macarthur Avenue light rail stop
Rental potential of $350/week
Close to Lyneham shops and cafes
52m2 of living plus 3m2 balcony
Body corporate: $613 pq (approx.)
Land rates: $580 pq (approx.)
Land tax: $580 pq (approx.)
Property History for 26/60 Wattle St, Lyneham, ACT 2602
- 24 Aug 2020Sold for $300,000
- 16 Jul 2020Listed for Sale $298,500
- 27 Mar 2018Sold for $272,000
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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 3,075 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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