OFF MARKET

31/2 Archibald Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 95m2
Land area: 8661m2
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Property Details for 31/2 Archibald St, Lyneham

31/2 Archibald St, Lyneham is a 2 bedroom, 2 bathroom Unit and was built in 2007. The property has a land size of 8661m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2007
Floor Size
95m2
Land Size
8661m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 1, Section 54, Unit 31

Last Listing description (May 2021)

Set within the popular 'Elan' development, this generously proportioned ground floor apartment is an exceptional offering of space, style & privacy. Located at the rear of the complex this residence provides a tranquil escape from the busy outside world whilst also being well located in this convenient pocket of Canberra's desirable inner north.

The property offers a practical design with two living areas, providing flexibility however also well connected to give an overall sense of space. The central kitchen boasts quality cooking appliances with an electric cooktop, stone benchtops, good storage & a large breakfast bar. The kitchen & family room continues seamlessly to the private & generous size outdoor courtyard making this a usable space all year-round.

Both bedrooms are well proportioned & the practical layout of the apartment ensures privacy & amenity with a bedroom and bathroom positioned at each end of the apartment. Furthermore, both of the bathrooms contain high-end finishes & the main bathroom boasting a bathtub to ensure all boxes are ticked for a variety of prospective buyers.

One of the key points of difference in this apartment is the true sense of privacy on offer. All living areas and bedrooms enjoy a pleasant outlook from the large windows, whether that be to the private rear courtyard or to the beautifully established common gardens surrounding the complex.

The large rear courtyard is a real highlight of the property. The property has more of a 'townhouse' feel to it when considering the size of the courtyard space and the low rise nature of the development. The courtyard is a great asset all year round for both relaxing & entertaining, but also for those who may want their own small garden.

The location provides convenience to a wide range of amenities, including the historic Old Canberra Inn, Tilleys at Lynhem shops and a range of cosmopolitan eateries in nearby Dickson. Your fitness goals are within easy reach with access to facilities across the road at NextGen Fitness (gym, aquatic centre & tennis centre) as well as the national hockey centre, netball centre and the Yowani Country Golf Club in close proximity.

Other notable features of the property include 2 reverse cycle air conditioning systems for your comfort & basement parking for 2 cars. The development also offers residents the use of the pool & surrounding common landscaped areas so you can entertain friends & family in true style. There is even a communal vegetable garden plot, giving a lovely sense of community within the complex.

Whether you are after your first home, investment or simply looking to purchase in this desirable inner North location, this property is definitely worthy of your inspection.

Please contact Andrew Potts to discuss further and arrange your inspection.

Summary of features:

* Sought after Inner North location
* Located within the popular 'Elan' development
* This apartment is located at the rear of the complex
* Two separate living areas
* 2 bedrooms (both generous in size & with built-in robes)
* 2 bathrooms
* Main bathroom includes a bathtub
* Large rear courtyard, including covered area, perfect for entertaining
* Generous kitchen with stone benchtops & 'Bosch' appliances
* 2 separate basement car spaces
* Lockable storage enclosure within the basement
* 2 reverse cycle air conditioning units
* Development features a swimming pool, common garden areas & vegetable gardens
* Internal living area: 101m

Property History for 31/2 Archibald St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$622,000
14 May 2021
Listed for Rent
$460/w
28 Jan 2018
  • 14 May 2021
    Sold for $622,000
  • 20 Apr 2021
    Listed for Sale Offers Over $595,000
  • 12 Jan 2018
    Listed for Rent $460 / 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 24 properties listed for sale, and 27 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 137 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.