OFF MARKET

503/241 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1740m2
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Property Details for 503/241 Northbourne Ave, Lyneham

503/241 Northbourne Ave, Lyneham is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 1740m2. While the property is not currently for sale or for rent, it was last sold in April 2012.

Building Type
Unit
Year Built
2015
Land Size
1740m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 24, Section 50, Unit 40

Last Listing description (August 2023)

This 5th floor apartment is conveniently located on Northbourne Avenue in Lyneham between Dickson and the City providing you with great access to a range of amenities, shops and restaurants.
The modern design of this apartment features exposed concrete ceilings, open plan living and kitchen with Bamboo flooring and a movable kitchen island bench and two access points to both the bedroom and the bathroom.
The bathroom has been compactly placed in the middle of the apartment but can be blocked off from the living room or the bedroom with frosted sliding doors.

Off the living room, a balcony will provide additional living space whilst you enjoy the views to Black Mountain.
In addition to the internal features of this apartment, there is a roof top pool for residents as well as a single car space and storage cage in the basement.

Additional features include:
Built in wardrobe to the bedroom
Single drawer dishwasher
Fridge
Washing machine
Ducted reverse cycle air conditioning

Online pre-filled tenancy application forms will not be accepted for this property.

This property is not on the top floor so therefore, not required to confirm ceiling insulation.

PHOTOS USED WERE TAKEN IN 2018

Property History for 503/241 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$414,150
18 Apr 2012
Listed for Rent
$460/w
16 Jul 2023
  • 16 Jul 2023
    Listed for Rent $460 / week
  • 13 Oct 2020
    Listed for Rent $430 / week
  • 08 Oct 2019
    Listed for Rent $430 / 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 3,078 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.