OFF MARKET

47/58-60 Wattle Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 11172m2
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Property Details for 47/58-60 Wattle St, Lyneham

47/58-60 Wattle St, Lyneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. 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 October 2023.

Building Type
Unit
Year Built
1970
Floor Size
52m2
Land Size
11172m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 9, Section 41, Unit 47

Last Listing description (December 2023)

Lyneham is one of those lovely leafy Inner North suburbs just 4km from the heart of Canberra City. What you will love is the perfect opportunity to purchase this two-bedroom apartment in this thriving location that represents great value to both first home buyers and the astute investor.

Our owner is very motivated to sell this light and bright apartment that has been very well maintained and has recently been repainted throughout. Offering a practical layout with combined lounge and dining, the spacious kitchen with sit up breakfast bar was renovated within the last 3 years. Both bedrooms are generous in size and offer built in robes, the main bedroom providing a small balcony. The bathroom has the laundry incorporated and the dryer is included in the sale of the property.

The current lease on the apartment is now periodical and the tenants are paying $395 per week offering the astute investor a 4.6% gross return.

If you love your coffee or a lazy Sunday brunch, then enjoy just a short walk down to the iconic Tilley's Devine Caf, The Front or VINAUS Caf and Takeaway. With easy living on offer the Lyneham Shops also includes an IGA, Capital Chemist, Embassy Dentist, YourGP@Lyneham Australia Post, Brumbys Bakery, Foundation Beauty Therapy, explore the bookshelves at Book Lore for that next great read and so much more. Walk to Dickson, jump on the Light Rail, it's all part of the great lifestyle on offer.

Don't miss this great opportunity and come home and live where you love. A great lifestyle is on offer.

At a glance.

- 2nd floor apartment
- 2 bedrooms with built in robes
- Combined living and dining
- Near new kitchen with sit up breakfast bar
- Bathroom with laundry incorporated includes dryer
- Master bedroom with small balcony
- Light ad bright apartment with leafy outlook to common area gardens
- One allocated carport
- A short walk to Lyneham shops with cafes and day to day amenities
- Dickson within easy reach
- Good access to public transport including Light Rail

Love the Location

- Within 5 minute walk to Lyneham shops
- Within 2 minute drive to Lyneham shops
- Within 15 minute walk to Dickson shops and Light Rail
- Within 4 minute drive to Dickson shops
- Within 6 minute drive to Canberra City

Property Details

EER: 3.0
UP: 046
Property Size: 60m2 + balcony 14m2 (approx.)
Rates: $524.00 per quarter (approx.)
Strata Fees - Admin Fund: $592.01 per quarter (approx.)
Strata Fees Sinking Fund: $242.34 per quarter (approx.)
Land Tax (if rented): $628.58 per quarter (approx.)
Heating/Cooling: N/A

We note some images have been digitally styled including window furnishings in some rooms.

Disclaimer: The Material and information contained within this marketing is for general information purposes only. Canberry Properties does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property History for 47/58-60 Wattle St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$412,000
05 Oct 2023
Listed for Rent
$340/w
14 Feb 2018
  • 05 Oct 2023
    Sold for $412,000
  • 27 Apr 2023
    Listed for Sale $425,000
  • 09 Feb 2018
    Listed for Rent $340 / 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 3,075 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.

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.