OFF MARKET

514/253 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 69m2
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Last updated 11 Nov 2024
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Property Details for 514/253 Northbourne Ave, Lyneham

514/253 Northbourne Ave, Lyneham is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2020. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2020
Floor Size
69m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 11, Section 51, Unit 105

Last Listing description (January 2022)

Embark is a vibrant new precinct located within the inner north of Canberra, on Northbourne Avenue in Lyneham. With the light rail stop on your door it is a quick hop and a jump into the City, ANU or Gungahlin Town Centre.
Embark offers city living without the hustle and bustle but close enough for you to never be far from any of the action!
The government plan for this area is to create a bustling mixed use precinct of unique architectural buildings centred around Northbourne avenue and Macarthur avenue which will add value and attract more businesses and vibrancy to an already highly sought after location.

This 2 bedroom 2 bathroom apartment is in brand new condition. Offering an uncompromising lifestyle featuring high quality inclusions and finishes such as ducted heating and cooling, induction cook tops, double glazing and industry leading environmental designs this apartment is sure to impress.

The home offers the highest quality inclusions and industry leading environmental designs. With efficiency in building design not only benefiting the environment but also reducing ongoing costs to residents. The careful selection of appliances and fixtures provide high energy ratings and reduce water usage.

From the private roof top garden you can take in the picturesque views in all directions including the Brindabella's, Black Mountain Tower, Mt Ainslie and Mt Majura. The Lyneham wetlands are within 300m and provide the perfect place to escape for some relaxation or exercise.

Features:

2 bedroom 2 bathroom 2 car accommodation Upgrade Timber Floor Fisher & Paykel kitchen appliances, including induction cooktop Externally ducted range hood system Ducted reverse cycle air conditioning Reconstituted stone benchtops, soft close drawers Double glazing on all windows and sliding doors Semi-frameless glass shower screen and door to shower Intercom station providing access control between entry foyer, lifts & apartments Allocated basement storage Stunning 360 degree views from the rooftop garden with BBQ facilities

Property History for 514/253 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$580,000
12 Oct 2021
  • 12 Oct 2021
    Sold for $580,000
  • 03 Sep 2021
    Listed for Sale Offers Above $560,000
  • 10 May 2021
    Sold for $440,000

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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 3,076 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 23 properties listed for sale, and 22 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.