OFF MARKET

30/22 Archibald Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 16113m2
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Property Details for 30/22 Archibald St, Lyneham

30/22 Archibald St, Lyneham is a 2 bedroom, 1 bathroom Unit and was built in 1991. The property has a land size of 16113m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1991
Floor Size
63m2
Land Size
16113m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 9, Section 54, Unit 30

Last Listing description (July 2023)

Phone Enquiry property ID: 2020 (Quote when calling or texting)

Join the Fairway Park complex!

Whether you're an investor or looking for somewhere to call home, this neat, well-designed and well-built unit boast beautiful natural light and is perfectly located in the highly sort after inner-North Canberra suburb of Lyneham. It has two well-sized bedrooms with mirrored built-in wardrobes, updated kitchen, with plenty of storage, bench space and modern stainless-steel appliances. The updated bathroom includes a European style laundry with dryer.

With a beautifully paved patio and large windows with block out blinds and large split system reverse-cycle air conditioning, you'll comfortably enjoy all the Canberra seasons. Single carport and ample complex parking directly below.

You can expect an appealing lifestyle living in Fairway Park, with Lyneham and Dickson hubs that include cafes, restaurants and a pool within walking distance, the Old Canberra Inn Pub, gyms, tennis courts, playing fields, National Hockey Centre and Country Club all on your doorstep.

Conveniently located bus stop outside the complex and the light rail close by or a quick ride to ANU, Canberra University or Braddon and Canberra City precinct.

For investors:
The unit has always been competitive in the rental market and requires low maintenance. The owners have always maintained the unit to a high standard to ensure great tenants.
The unit is currently rented for $490 per week, until March 2023, with a polite, neat and tidy, no fuss tenant.
Other units in the complex have recently rented for $530 per week and rent prices continue to rise in Canberra, particularly close to the city.

Body corporate $784 per quarter approximately
General rates $404 per quarter approximately
Land tax (if rented) $478 per quarter approximately

Property History for 30/22 Archibald St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$455,000
15 Feb 2023
Listed for Rent
$400/w
06 Aug 2018
  • 15 Feb 2023
    Sold for $455,000
  • 27 Jan 2023
    Listed for Sale $450,000+
  • 02 Aug 2018
    Listed for Rent $400 / 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 3,078 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 19 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 140 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.