OFF MARKET

45/58-60 Wattle Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 11172m2
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Property Details for 45/58-60 Wattle St, Lyneham

45/58-60 Wattle St, Lyneham is a 2 bedroom, 1 bathroom Unit and was built in 1988. The property has a land size of 11172m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1988
Floor Size
52m2
Land Size
11172m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 9, Section 41, Unit 45

Last Listing description (November 2022)

Please note any scheduled inspection times will be conducted digitally, you will not be able to physically attend an open for inspection. Some individual appointments may be scheduled, please contact agent to arrange.

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If you're looking to be close to the city, or for a sound, low maintenance investment, this well-built double brick apartment is the one for you. Brilliantly located on the first floor of the Cotter Court complex the apartment offers neat and private living in the ever popular inner north and is an outstanding opportunity for those looking to buy in this location at a bargain price.

Open plan living, two bedrooms with built-in robes, a balcony off the main bedroom and a convenient bathroom and laundry combination tick all the boxes for anyone looking to live close to Canberra's centre with an easy-going lifestyle.

Young professionals, first home buyers, downsizers and investors alike will appreciate the many benefits of the apartment and its premium location. The proximity to the Lyneham shops, Dickson restaurant precinct, CBD, the ANU, the University of Canberra and the MacArthur Avenue light rail stop all make Cotter Court a cracking investment opportunity that will always attract a premium rental return. You are also close to numerous sporting facilities as well as being in the catchment area for Lyneham High School.

Features:
Two comfortable bedrooms with built-in robes - main with balcony
Open plan living and kitchen area
Bathroom with laundry area
Full brick construction
Single carport and ample visitor parking
Super convenient location
Walking distance to the Macarthur Avenue light rail stop
Tenanted on a month to month basis for $350/week
Close to Lyneham shops and cafes
52m2 of living plus 3m2 balcony

Property History for 45/58-60 Wattle St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$279,000
15 Jun 2020
  • 25 Aug 2020
    Listed for Sale Sold
  • 15 Jun 2020
    Sold for $279,000
  • 05 Mar 2020
    Listed for Sale $285,000

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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 3,078 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 19 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 140 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.