SOLD
Sold on 15 May 2024 for $450,000

507/241 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 1740m2
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MARQ Property
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Property Details for 507/241 Northbourne Ave, Lyneham

507/241 Northbourne Ave, Lyneham is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 1740m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Lyneham in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
56m2
Land Size
1740m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 24, Section 50, Unit 34

Last Listing description (June 2024)

Base 241 is your base to enjoy the urban lifestyle, situated in a prime central location, just steps to light rail for a swift trip to the Braddon precinct, City centre, Dickson hub and Farmers' markets, or a short walk to O'Connor shops and Lyneham wetlands.

The development has striking architectural design and a sophisticated industrial vibe.

The apartment is situated on the fifth level facing Mt. Ainslie, and the open plan living area features double glazed doors opening to the balcony, where you can relax enjoying the outlook and fresh air. Neutral white decor and timber laminate flooring complement the off-form concrete ceilings.

The sleek kitchen showcases a stone island bench, mirror splashback and quality appliances including a dishwasher. There is LED downlighting throughout, while ducted reverse cycle air conditioning ensures comfort.

A stunning, heated rooftop pool with a sitting area is a wonderful place to enjoy the elevated treetop outlook to Black Mountain tower with friends and family.

The bedroom features a robe with mirror doors, and the stylish bathroom toughened Viridian glass, and there is a Euro laundry.

Secure underground parking offers an allocated tandem car space and storage cage.

Your place in the City!

Features:

- Modern apartment in prime central location, steps from light rail to Braddon and City
- Elevated outlook towards Mt. Ainslie from fifth level
- Short walk to O'Connor shops and green space
- Industrial vibe features off-form concrete ceilings and timber laminate flooring
- LED downlighting throughout and ducted reverse cycle air conditioning
- Sleek kitchen showcases stone island and quality appliances with a dishwasher
- Open plan living has double glazed doors to balcony
- Euro laundry
- Contemporary finish to bathroom with toughened Viridian glass
- Bedroom offers a built-in robe with mirror doors
- Tandem, allocated car spaces and a storage cage in secure underground parking
- Stunning treetop views from rooftop pool with a sitting area

*Whilst all care has been taken to ensure accuracy, the material and information contained within are approximate only and no warranty can be given. MARQ 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 507/241 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$450,000
15 May 2024
Listed for Rent
$520/w
09 Feb 2023
  • 15 May 2024
    Sold for $450,000
  • 22 Apr 2024
    Listed for Sale Not Disclosed
  • 27 Jan 2023
    Listed for Rent $520 / 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 3,072 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 23 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 138 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.