40/22 Archibald StreetLyneham ACT 2602
Property Details for 40/22 Archibald St, Lyneham
40/22 Archibald St, Lyneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 16113m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2014.
Last Listing description (July 2014)
Don't let this one get away as it is sure to sell fast in this highly sought after complex.
Located in the Inner North, and updated throughout, this light, bright, top floor apartment in 'Fairway Park' is the perfect launching pad for someone looking to start or to add to their investment portfolio.
Already tenanted the property provides an open plan kitchen with an abundance of bench and cupboard space including new cook top and oven and a large living and dining area with access out to a lovely private north facing balcony that is sure to be a relaxed haven bathed in winter sun.
With a rental return of $370.00 per week, close proximity to both Canberra universities plus only a short walk to Lyneham shops, Dickson restaurants and on a main bus route to either Civic or Belconnen, it really is one of those rare locations where you don't need a car- but there is a lock up garage if you have one.
Please call Lisa Coombe today on 0416971635 for inspection times as an inspection is a must!
Features
- Two good sized bedrooms
- Spacious Kitchen with abundance of bench space and cupboards
- New cook top and oven
- Large bathroom with European laundry
- Lock up garage
- North facing balcony
- Open plan living and dining with ceiling fan
- New block out blinds in the living/dining area
- Rent return of $370.00 per week
- Close to both universities, Lyneham and Dickson shops
- Short drive to the city or Belconnen
- Access to public transport
EER 4.5
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Property History for 40/22 Archibald St, Lyneham, ACT 2602
- 09 Jul 2014Sold for $340,000
- 20 Mar 2014Listed for Sale $330,000+
- 26 Oct 2013Listed for Rent $370 / 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 3,079 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.
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