OFF MARKET

65D/58 Wattle Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 4 Nov 2024
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Property Details for 65d/58 Wattle St, Lyneham

65d/58 Wattle St, Lyneham is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (September 2019)

If youre looking to relocate closer to the city, or for a sound, low maintenance investment, this well-built double brick apartment is the one for you. Brilliantly located on the first floor of the Cotter Court complex the apartment offers neat and private living in the ever popular inner north and is an outstanding opportunity for those looking to buy in this price range and, if you qualify, enjoy the advantage of no stamp duty on your purchase!

Presented in excellent condition, the apartment offers light, bright, north facing living with the open plan layout opening to an updated kitchen and also features two good sized bedrooms (both with built-in robes) with a private balcony off the main.


Young professionals, first home buyers, downsizers and investors alike will appreciate the many benefits of the apartment and its premium location - the proximity to the Lyneham shops, the iconic Tilley's Bar and Caf, Dickson restaurant precinct, Central Business District, the Australian National University and the University of Canberra. You are also close to numerous sporting facilities as well as being in the catchment area for Lyneham High School.

The property has been exceptionally well maintained and with fantastic tenants in place will make a great investment opportunity and will always attract a premium rental return because of its appeal to such a wide range of tenants.

Features:
Two comfortable bedrooms with built-in robes master with sunny north facing balcony
Open plan living and kitchen area with north aspect
Bathroom with laundry area
Full brick construction
Single carport and ample visitor parking
Super convenient location
Walking distance to the Macarthur Avenue light rail stop
Walking distance to the Dickson bus interchange
Tenanted on a month to month basis for $350/week

Property History for 65d/58 Wattle St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Listed for Rent
$350/w
30 Nov 2017
  • 22 Aug 2019
    Listed for Sale $280,000+

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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.

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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.