OFF MARKET

36/12 Oliver Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 116m2
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Property Details for 36/12 Oliver St, Lyneham

36/12 Oliver St, Lyneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 116m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
Unit
Year Built
1983
Floor Size
69m2
Land Size
116m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 27, Section 52, Unit 16

Last Listing description (February 2016)

This is a lovely, older style first floor apartment situated in a popular, convenient position & handy to the Dickson shopping complex, with its plethora of restaurants & cafes. Canberra City & the ANU campus are only a short drive or bike ride down Northbourne Avenue.
Built to last with its double brick walls, it is an end unit overlooking Oliver Street & as such is in a peacefully quiet position. It also offers two additional side windows, providing plenty of additional light & an appealing view of the tree-lined street below.
The generous, solar oriented, open plan living area offers freshly painted off-white walls, making it a welcoming space. A bayonet gas fitting with storable heater is an excellent solution when space is limited. This living area adjoins an inviting balcony, perfect for outdoor activities, whether they be cultivating an apartment herb garden or dining Al fresco style. The beautiful outlook onto the leafy canopy below should calm the most restless of souls. The superbly established common grounds are a feature of this low rise boutique development.

The ergonomic kitchen is largely original but is in good order & has a gas upright stove installed - ideal for whipping up a mouth-watering Asian stir fry. The combined bathroom/laundry is also original & has aged well with its neutral palette. Without spending a fortune, a few modernising touches could easily bring these two areas well into this century.
Both sparkling bedrooms have picturesque vistas from their large windows. Built-in wardrobes are a bonus as are the newly painted dun/grey feature walls, giving both rooms a contemporary feel. The cream twist pile carpet is in great condition & the stained maple door & window frames hark back to an era that valued the use of solid timber.
A covered carport with associated lock-up storeroom provides protection for ones' vehicle & storage options for surplus goods.
Within a short walking distance is the renowned Goodwin Street wetland, opened to the public in April 2012 & proving to be a popular nature-inspired habitat for locals. The government website indicates that several species of frogs, waterfowl & tortoises abound at certain times of the year.
This distinctively sunny apartment should suit a variety of people with a budget in mind retirees, investors, busy professionals, first home buyers or even a small family. It is definitely worthy of your consideration.
Features of the property:
Positioned on the quiet end of the complex overlooking Oliver Street
Sun drenched 63.5sqm open plan living
Ergonomic functional kitchen
Inviting balcony
Combined bathroom/laundry
Superbly established common grounds
Storable gas heater
Walking distance is the renowned Goodwin Street wetland
A covered carport with associated lock-up storeroom

Property History for 36/12 Oliver St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$365,000
16 Dec 2015
  • 16 Dec 2015
    Sold for $365,000
  • 18 Nov 2015
    Listed for Sale $340,000+
  • 07 May 2011
    Listed for Sale Not Disclosed
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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 30 properties listed for sale, and 17 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.