OFF MARKET

5 Oliver Street
Lyneham ACT 2602

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 784m2
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Property Details for 5 Oliver St, Lyneham

5 Oliver St, Lyneham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 784m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1960
Floor Size
112m2
Land Size
784m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 10, Section 45

Last Listing description (March 2022)

5 Oliver Street offers plenty of opportunities for you to take advantage of! Call it home, add it to your investment portfolio, or make it your next development opportunity.

This three-bedroom home is well-presented internally and externally. Gorgeous green gardens on the outside and a blank perfect canvas on the inside. Redesign the home to your preferences and move in, or have tenants move in straight from the get-go.


The home is ideally sized throughout, perfect for any small family! It has a generously sized lounge room with a wall-mounted heater and connects through to the open meals and kitchen area. The kitchen contains a built-in pantry, electric cooktop, and has reasonable storage space above and below the benchtop. All three bedrooms are appropriately sized with carpets, built-in floor-to-ceiling wardrobes, and have day and night blinds. Walking out to the backyard onto a large timber deck with ramp access, a bar table across from the deck, and a basketball hoop in an open area, this is the perfect entertaining space. The backyard also has a large shed and can gain access through the gates to the carport.

This home is zoned RZ4 and situated on a large corner block with the potential to have street access on two sides, this property provides a great opportunity for developers. The RZ4 zoning means that it is suitable for future redevelopment (subject to planning approval & block amalgamation).

When people say location is everything, they really mean it! Located on a quiet street, and next to major streets such as Mouat Street and Northbourne Avenue, this home is perfectly situated to cover all of your needs. Positioned within walking distance to a number of sporting areas including:
• Southwell Park
Netball ACT
Hockey ACT
Next Gen Canberra
Canberra Archery Club
Pavillion & Sports Ground
• Yowani Country Club
Not to mention the short distance to schools with Brindabella Christian College, Lyneham High School & Primary School within walking distance, and only a short drive to Daramalan College.
Dickson is only a short drive away, where you will find over 30 hospitality and retail stores, grocery stores, eat street, a medical centre, gym, and major Government Offices with hundreds of public car spaces.

This property presents remarkable opportunities with the options being endless. Don't miss out on the opportunity to call this property yours!

Features Include
• RZ4 Zone
Large corner block
All three bedrooms carpeted with built-in floor-to-ceiling wardrobes
Hallway linen closet
Large bathroom
Wall mounted heater in the lounge room
Open kitchen and meals area
Reasonable cupboard and bench space
Built-in pantry
Electric cooktop
Plenty of natural light with large windows throughout
Timber deck
Mini outside bar table
Large backyard shed
Generous sized front and back yard
Double carport
Stunning garden
A number of amenities within close proximity
Major light rail stop and bus interchange within walking distance

Extra Information
Land Size: 783sqm
Living Size: 110 sqm approx
UCV: $671,000 (2021)
Rates: $1,155.50pq
Land Tax (if rented): $1,797.25pq
EER: 2.0

Property History for 5 Oliver St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$1,427,000
17 Mar 2022
  • 17 Mar 2022
    Sold for $1,427,000
  • 24 Feb 2022
    Listed for Sale Auction 17/03/2022

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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 18 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.