SOLD
Sold on 11 Nov 2024 for $500,000

5/15 Oliver Street
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 2396m2
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Hayman Partners
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Property Details for 5/15 Oliver St, Lyneham

5/15 Oliver St, Lyneham is a 1 bedroom, 1 bathroom House and was built in 2010. The property has a land size of 2396m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom House sold in Lyneham in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
51m2
Land Size
2396m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 20, Section 45, Unit 5

Last Listing description (November 2024)

Ideally located within walking distance to the light rail and Dickson shops is this spacious and light-filled one bedroom ground floor apartment. The home has been fully renovated, with premium finishes and appliances throughout, and is situated within a secure complex, making it the perfect home for the first home buyer, downsizer or investor. With only one owner since purchased off-the-plan, don't miss your opportunity to secure this quality home!

FEATURES

- Ground floor apartment (no stairs) in the 'Allure Gardens' complex

- Approx. 3min walk to light rail stop and 5min walk to Dickson shopping and restaurant precinct
- Sporting and recreational facilities nearby (including Next Gen Health Club)
- Open plan living, kitchen and dining area
- Newly renovated modern kitchen with waterfell edge bench tops, LED lighting under cupboards, quality appliances (induction cooktop and combo oven/microwave) and great storage
- Two good sized courtyards, both with gate access
- Spacious bedroom with built-in robe
- Combined bathroom and laundry
- Split system heating and cooling unit
- Great storage solutions thoughout - pull out shelving, under bench storage on outer side of kitchen etc.
- Secure complex of only 21 apartments
- SIngle basement car space + large, secure storage
- Security intercom access

WHAT THE SELLER LOVES ABOUT THE HOME

1. Two full-size closets in the bedroom.
2. Separation between living+kitchen area and bedroom.
3. Privacy in boutique complex with close proximity to restaurants, gyms and public transport.
4. The brand new, premium kitchen.

STATISTICS (all figures are approximate):

EER: 6.0
Living Area: 51sqm
Courtyards: 22sqm + 27sqm
Construction: 2012
Developer: Madison Constructions
Rates: $594 per quarter
Land Tax: $834 per quarter (only applicable if not primary residence)
Strata Levies: $1,026 per quarter (admin + sinking fund)
No. Homes in Complex: 21
Rental Range: $500 - $530 per week

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Property History for 5/15 Oliver St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$500,000
11 Nov 2024
Listed for Rent
$395/w
11 Jun 2016
  • 11 Nov 2024
    Sold for $500,000
  • 19 Sep 2024
    Listed for Sale $495,000+
  • 16 Jun 2023
    Sold for $460,000
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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 3,103 properties. Over the last 5 years, Houses in Lyneham have seen a 54.95% increase in median value, while Units have seen a 27.70% increase. As at 30 November 2024:

  • The median value for Houses in Lyneham is $1,189,196 while the median value for Units is $497,358.
  • Houses have a median rent of $585 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 13 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Lyneham.

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