OFF MARKET

32B/60 Wattle Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 32b/60 Wattle St, Lyneham

32b/60 Wattle St, Lyneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (November 2020)

Situated on the top floor of the solidly built 'Corin Court' complex, just a stroll away from the iconic cafes, parks and community gardens that make Lyneham a byword for today's lifestyle, this two bedroom, one bathroom apartment could be your ideal first home or investment opportunity. Investors will appreciate the potential approx. 5%+ gross yield.

Buying your first home has always been a big step. Jumping into the Inner North market for your first home has seemed nearly impossible. Today, thanks to low interest rates and government assistance, the dream could become your reality.

Ready for your personal touches, this light-filled apartment offers delightful views over the trees lining Sullivan's Creek from every window. An open plan, sunny lounge room adjoins the neat functional kitchen and meals area. Ripe for renovation, you can create your dream kitchen or plan a multi-purpose space here to suit your needs just dream it and begin it.

The bedrooms are segregated from the living area allowing for peaceful privacy. Bedroom 1 has a built-in wardrobe and a balcony that's the perfect spot for enjoying your morning cuppa, watching the wildlife. The second bedroom is also generously-sized and could easily be turned into a home office, complete with a restful leafy outlook. The bathroom, with shower, incorporates a laundry area.

The location is superb for investors and residents alike. Just a stroll away from bus routes and a Light Rail stop, Lyneham shops, Tilley's and The Front cafs and gallery, Lyneham Commons, Lyneham Oval and Primary School. Lyneham Wetlands and High School are also close by. The City, ANU and University of Canberra are all just a short drive away and there's easy access to main transport routes and cycleways.

Here's your chance to join the growing number of savvy buyers appreciating the benefits of an affordable, established apartment in a delightful highly sought-after location. Create your own Lyneham lifestyle you can't afford to miss it.

Features Include:
- Second floor apartment in established complex
- 2 bedrooms, 1 bathroom, 1 car parking space
- All rooms with leafy easterly outlook
- Living room opening to kitchen
- Kitchen with electric stove, built-in cupboards/storage
- Bedroom 1 with built-in robe, balcony and ceiling fan
- Bedroom 2 with room for double bed
- Bathroom/laundry with shower, basin, toilet
- Laundry tub, washing machine tapware
- Stroll to Lyneham shops, cafes & schools
- Lyneham Commons, Wetlands, parks and ovals close by
- Easy access to a variety of public transport, cycle ways
- Close to Dickson, Braddon and Canberra City centres

Living Size: 52m
Balcony: 2.78m
Strata Fees (Admin & Sinking Funds): $2444 pa
Rates: $1262 pa
Land tax (if leased): $1460 pa
EER: 3.5
Please note: All amounts & measurements are approximate and buyers should make their own enquiries.

Property History for 32b/60 Wattle St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
  • 22 Oct 2020
    Listed for Sale Auction

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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 3,079 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 28 properties listed for sale, and 20 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 139 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.