OFF MARKET

407/241 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 407/241 Northbourne Ave, Lyneham

407/241 Northbourne Ave, Lyneham is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 56m2. While the property is not currently for sale or for rent, it was last transferred in February 2013.

Building Type
Unit
Year Built
2015
Floor Size
56m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 24, Section 50, Unit 24

Last Listing description (June 2020)


Come into this modern-looking building & be amazed at the quality that it offers. Conveniently located & close to everything, Base 241 brings you great modern lifestyle.Enjoy resort-style living & amazing views from the rooftop pool while having an afternoon swim or just relaxing after work.
The apartment itself offers double-glazed windows, ducted reverse-cycle air conditioning, bamboo flooring, heavy duty glazing in bathrooms, exposed concrete ceilings & Smeg kitchen appliances.The eastern aspect also allows for morning sunlight to generously shine through.

Not only is it a brilliant place of living but also a fantastic investment opportunity, as it is one of the easiest complexes to tenant out. (Currently tenanted for $370/w lease ending December 2017)
"We achieved 100% occupancy of available rental apartments in a matter of weeks. Tenants were especially attracted to the roof top pool, quality of inclusions & prime location of the development" -Taria - Independent Property Group Leasing
Features:
Rooftop poolExcellent locationClose to upcoming light rail stopDouble glazingBamboo flooringUnderground carparkStorage cageAll Smeg appliancesExposed concrete ceilingDucted reverse-cycle air conditioning

Property History for 407/241 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Transferred
08 Feb 2013
Listed for Rent
$370/w
21 Nov 2016
  • 18 Nov 2016
    Listed for Rent $370 / week
  • 13 Oct 2016
    Listed for Sale $380,000
  • 08 Oct 2015
    Listed for Rent $340 / week
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.