OFF MARKET

4/24 De Burgh Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 676m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 4/24 De Burgh St, Lyneham

4/24 De Burgh St, Lyneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 676m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2008
Floor Size
72m2
Land Size
676m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 3, Section 55, Unit 4

Last Listing description (June 2022)

In a boutique development of only 7 apartments, and located in a peaceful, tree-lined street within walking distance of Dickson's vibrant retail and restaurant precincts, this spacious two bedroom, one bathroom apartment, complete with a lock up garage, is a light-filled delight. Walking into the apartment is like walking into a peaceful leafy oasis, far away from the pulse of city life that's beating right outside the door.

Located on the first floor of a two-story building, the large open plan living/dining areas open to a 10m sun-dappled balcony that's shaded by street trees. Perfectly positioned for relaxing with a nice drink after work and watching the sun go down towards Black Mountain, opening the balcony doors in summer allows for a lovely airflow throughout the apartment.

Also benefitting from the gorgeous outlook, the well-equipped kitchen opens to the living areas and offers an island bench with breakfast bar, stone benchtops, plenty of storage options, a new dishwasher and electric cooktop and under-bench oven.

Separated from the living areas at the rear of the apartment, both bedrooms have built-in wardrobes with the main bedroom having plenty of room for a desk or study nook. The bedrooms also overlooks a sweet, neat swimming pool in the complex's garden. Surrounded by lawn and plantings, there's room for the residents to enjoy a barbecue here, and a cooling dip in summer.

A real bonus with this apartment is that it comes with a single garage with auto-opening door something rarely found with an apartment. You may not need a car living in such a super-convenient location, so close to public transport, a Light Rail stop, cycle ways and within walking distance to both Dickson and Braddon, but having a garage to store your car, bicycle, kayak or to use as your personal gym is a huge benefit.

It is not often that apartments in the boutique 'Fusion' complex come onto the market, and, once you have seen number 4 it will be easy to understand why. Ideally positioned, it offers all the benefits of an Inner North lifestyle, close to the City Centre, yet just a stroll away from Lyneham's delightful Wetlands, playing fields, primary and high schools, parks, playgrounds, local shops and the iconic Tilley's caf. Currently on a periodic lease to a fabulous tenant who would love to stay, paying $500 a week rent, this is a wonderful investment or first home opportunity.

If you are looking to enjoy all that an affordable, livable, lovable, Lyneham lifestyle has to offer, then look here quickly! This home is unlikely to be on the market for long.

Features:
-Delightful, spacious first floor apartment
-In small, boutique complex of just 7 apartments
-Open plan light-filled living and dining areas
-Abundant windows and glass sliding doors from living areas to balcony
-Large sun-dappled balcony overlooking street trees
-Full-sized kitchen with dishwasher, electric cooktop & oven
-Built-in storage, stone benchtops, microwave space
-Living room with reverse cycle air conditioner
-Timber-look flooring in living areas
-Both bedrooms with built-in wardrobes, carpet
-Bathroom with walk-in shower, large vanity
-Laundry area with tumble dryer
-Hall storage cupboard
-Single garage with auto-opening door
-Walking distance to Light Rail, bus stops, Haig Park
-Lyneham Primary, High Schools, Wetlands and shops
-Close to Dickson & Braddons retail & nightlife centres
-Easy access to Northbourne Avenue & main transport routes

Built: 2007
Living: 72m
Balcony: 10m
Garage: 17m

EER: 6
Rates: $2310 pa
Land Tax (only payable if leased): $2956 pa
Strata Fees (Admin & Sinking Funds): $1260.43 pq
Current Rent: $500 pw
All measurements, amounts and values are approximate and not to be relied upon. Buyers to make their own enquiries.

Property History for 4/24 De Burgh St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$570,000
02 Jun 2022
Listed for Rent
08 May 2021
  • 02 Jun 2022
    Sold for $570,000
  • 22 Apr 2022
    Listed for Sale $485,000+
  • 27 Mar 2021
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Lyneham 2602

Market Insights
Lyneham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lyneham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.