SOLD
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Sold on 10 Apr 2024 for $489,000

305/253 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 305/253 Northbourne Ave, Lyneham

305/253 Northbourne Ave, Lyneham is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Apartment sold in Lyneham in the last 12 months.

Building Type
Apartment
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 11, Section 51, Unit 50

Last Listing description (April 2024)

What you see:
A spacious apartment with mountain views and conveniently located on the tram line.

What we see:

A smart buy.

See more:
1 bedroom apartment in the Embark Development
Sunset views to Black Mountain
Galley kitchen with stone bench tops, soft close joinery & mirror splash back
Fisher & Paykel appliances cooking appliances & dishwasher
European laundry with dryer
Oversized bedroom with built-in-robes & mirrored sliders
Full height tiling in bathroom & double shower head
Double glazed windows
Blackout roller blinds
Reverse cycle heating & cooling throughout
Video intercom
Down lights
Development rooftop terrace

5 min drive to the Australian National University
7 min drive to Canberra Centre
12 min drive to Parliament House

Living: 69m²
Balcony: 14m²
EER: 6.0
Built: 2020
Strata (including sinking fund): $685 per quarter
Rates: $446 per quarter
Land Tax: $536 per quarter (only applicable if rented)
Rental Income Estimate: $500 - $550 per week

Disclaimer: The above figures are approximate only. The material and information contained within this marketing is for general information purposes only. HIVE Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

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Property History for 305/253 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$489,000
10 Apr 2024
Listed for Rent
$495/w
27 Apr 2023
  • 10 Apr 2024
    Sold for $489,000
  • 08 Feb 2024
    Listed for Sale $489,000
  • 03 Jan 2024
    Listed for Rent $495 / 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 3,075 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 27 properties listed for sale, and 23 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Lyneham.

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