OFF MARKET

501/253 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 92m2
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Property Details for 501/253 Northbourne Ave, Lyneham

501/253 Northbourne Ave, Lyneham is a 3 bedroom, 2 bathroom Unit with 2 parking spaces 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 July 2022.

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

Last Listing description (September 2022)

Right in the heart of Canberra lies this two-bedroom apartment. The location is a dream, close to Canberra City, universities, cafes, and shopping precincts. The perfect opportunity for investors, executive couples, and anyone in between.

Located on the 5th floor of the Embark building, the home offers amazing views from the windows balcony. As you come through the entryway of the home, your met with a stunning, clean-cut kitchen and open plan living/ dining area. It's a great space for entertaining your family and friends, with plenty of space throughout. Moving the living and dining area is the enclosed balcony area, currently used as a sunroom or sitting space, you can drink your morning coffee while overlooking the view. The kitchen Is the perfect space for anyone who loves to cook, with all the modern and up to date amenities.

The two bedrooms are generous in size, and both include a built-in robe, they are filled with natural lighting and have plenty of additional storage. It's the perfect opportunity whatever your needs are.

The apartment is the pinnacle of sophistication and class, two bedrooms plus a study that could be used as a multipurpose room. It's filled with natural lighting and styled to perfection. You can also use the roof top garden as a great spot to entertain friends in warmer months.

Features include
- Spacious open plan living
- Modern kitchen with an abundance of storage
- Enclosed balcony with incredible views
- Reverse cycle air-conditioning
- Secure carpark
- Built in robes, in both bedrooms plus study
- Main bedroom serviced by sizable ensuite
- Fantastic central location
- Located on the Fifth level

Figures:

Rates : $470pq approx.
Strata: $786pq approx.

Property History for 501/253 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$726,000
21 Jul 2022
  • 09 Sep 2022
    Listed for Sale Sold
  • 21 Jul 2022
    Sold for $726,000
  • 02 Jun 2022
    Listed for Sale Offers over $709,000
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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 3,081 properties. Over the last 5 years, Houses in Lyneham have seen a 50.36% increase in median value, while Units have seen a 36.79% increase. As at 30 September 2024:

  • The median value for Houses in Lyneham is $1,159,300 while the median value for Units is $522,010.
  • Houses have a median rent of $605 while Units have a median rent of $548.
There are currently 29 properties listed for sale, and 14 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 135 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.