51/2 Archibald StreetLyneham ACT 2602
Property Details for 51/2 Archibald St, Lyneham
51/2 Archibald St, Lyneham is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a floor size of 97m2.
Last Listing description (October 2020)
This is the time to start your journey into the property market! A safe and secure, first floor, light-filled 97m2 apartment in the sought after 'Elan' complex, just a short stroll to O'Connor Ridge and the vibrant Old Canberra Inn!
Perfect for either a steppingstone, downsize or an investment, with two bedrooms, ensuite, modern kitchen and generous sunny open-plan living area, you are sure to appreciate the value given with 51/2 Archibald Street.
Lyneham is the obvious choice of location, walking distance to local cafes, parks and shops. The community vibe is unique, you feel it when you pop into The Front Cafe for your morning flat white and pastry. Close to public transport, within riding distance to ANU, Dickson and the City. Indulge in afternoon strolls around Nature reserve or sit back and relax with a glass of wine as you enjoy the sunset from your balcony.
features.
.sought after Elan complex, built 2007
.generous 97m2 floor plan
.immaculate condition
.generous modern kitchen with stone bench tops, Bosch appliances, electric cooktop, dishwasher, pantry, long breakfast bar and an abundance of storage
.spacious open plan living with leafy outlook
.master bedroom with ensuite, built-in robes and balcony
.generous bedroom two with built-in robe
.main bathroom with feature mint tile
.european laundry with dryer
.reverse cycle split systems
.two car spaces in secure basement with storage cage
.well maintained common areas with vegetable garden, BBQ facilities and swimming pool
.catchment area for Lyneham Primary, Lyneham High school and Brindabella Christian College
.excellent location within walking distance to Lyneham shops, Old Canberra Inn, Next Gen Health Club, surrounding nature reserves and public transport
.tenanted until 12 December 2020 at $500 per week
EER: 6.0
Living size: 97m2 (approx.)
Body corporate: $3,799.92 pa (approx.)
Land rates: $1,960.54 pa (approx.)
Land tax: $2,506.78 pa (approx.)
Year built: 2007 (approx.)
Property History for 51/2 Archibald St, Lyneham, ACT 2602
- 03 Sep 2020Listed for Sale $495,000+
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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 3,075 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.
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