SOLD
Sold on 22 Dec 2023 for $742,000

418/253 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 92m2
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Property Details for 418/253 Northbourne Ave, Lyneham

418/253 Northbourne Ave, Lyneham is a 3 bedroom, 2 bathroom Unit and was built in 2020. The property has a floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in Lyneham in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
92m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 11, Section 51, Unit 86

Property History for 418/253 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$742,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $742,000
  • 14 Aug 2020
    Sold for $590,000

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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 3,075 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 21 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Lyneham.

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