SOLD
RECENT ADVICE
Sold on 18 Mar 2024 for $523,000

505/253 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 505/253 Northbourne Ave, Lyneham

505/253 Northbourne Ave, Lyneham is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Lyneham in the last 12 months.

Building Type
Apartment
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 11, Section 51, Unit 96

Last Listing description (March 2024)

What you see:
Style, location and privacy.

What we see:

Iconic views and open vistas.

See more:
Elegant one bedroom apartment just moments away from the city centre (2km) with immediate access to the light rail, bike paths, and key walkways Open plan living and dining
Spacious kitchen with high-end kitchen appliances by BOSCH (oven, hob and microwave)
Stunning bedroom with new curtains and large BIR
High-quality bathroom with floor-to-ceiling tiling, chrome hardware, and stone-topped wall-hung vanities
Experience year-round comfort with ducted reverse cycle air conditioning
Double glazing with added 'NV15' window tinting providing UV protection and additional privacy
The rooftop garden, equipped with BBQ facilities, invites you to unwind while soaking in 360-degree vistas
Perfect first home or investment

Living size: 69m²
Balcony size: 14m²
Built: 2020
EER: 6.0
Body Corporate: $609 per quarter
Rates: $448 per quarter
Land Tax : $539 per quarter (only applicable if rented)
Rental estimate: $500 - $550 per week

Disclaimer: The above figures are approximate only. The material and information contained within this marketing is for general information purposes only. HIVE Property 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 505/253 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$523,000
18 Mar 2024
  • 18 Mar 2024
    Sold for $523,000
  • 25 Jan 2024
    Listed for Sale $523,000
  • 24 Sep 2020
    Sold for $412,000

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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 3,079 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 30 properties listed for sale, and 17 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Lyneham.

Suburb Insights for Lyneham 2602

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Anthony Weston
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Katrice Velnaar
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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.