OFF MARKET

7/2 Archibald Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
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Property Details for 7/2 Archibald St, Lyneham

7/2 Archibald St, Lyneham is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
2008
Floor Size
89m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 1, Section 54, Unit 7

Last Listing description (November 2019)

Comfortably nestled in the boutique Elan development, in the tightly held Inner North suburb of Lyneham is this stunning 2 bedroom townhouse that offers an exciting opportunity for live in owners or investors alike.

Inside boasts a spacious & open plan design, with 2 segregated living areas separated by a modern, well-appointed kitchen with a Bosch oven, electric cooktop & dishwasher. The main living area soaks up the glorious morning sunshine & leads out to the private rear courtyard that has direct access to the development grounds. The floorplan offers flexible living options & the front area could be used as another lounge or dining room or perhaps even a study. There is also a European style laundry & powder room on this floor.

Upstairs offers 2 generously sized, segregated bedrooms, both with large built in robes. The main has its own ensuite & reverse cycle air-conditioning unit & the other is serviced by a stylish main bathroom with floor to ceiling tiles & a bathtub. Both bedrooms enjoy gorgeous natural sunlight & lovely leafy views.

Lyneham is arguably one of Canberra's best located suburbs boasting proximity to the City, Dickson, Belconnen & Gungahlin. This home is close to anywhere you need to be, 3 minutes to the Dickson Shops, 5 minutes to the City centre & minutes from Exhibition park & Yowani Golf Club. There are plenty of walking trails close by including Crace Grasslands, Bruce Ridge Nature Reserve & Black Mountain Nature Reserve just a short drive away. There are plenty of local schools, restaurants, cafes & bars in the area, the classic Old Canberra Inn is just around the corner, as well as the Front & Tilley's Devine Caf at the local Lyneham shops.

Dont miss out on securing this home today.

Features:

- Vacant possession
- 2 segregated bedrooms with large built in robes
- Main bedroom has ensuite & reverse cycle heating & cooling unit
- 2nd bedroom serviced by main bathroom with bathtub
- Modern well-appointed kitchen with Bosch dishwasher, oven & electric cooktop
- Spacious open plan living area
- 2nd front living area - could be used as a study
- 2 front & rear courtyards
- Extra powder room on ground floor
- European style laundry
- Rear courtyard has external access to development
- Sparking pool & barbecue area & landscaped development grounds

Around the area:

- 5 minute drive to the City centre
- 3 minute drive to Dickson Shopping Centre
- Within walking distance of The Old Canberra Inn, Next Gen Spa & Health Club, Pick Up Stix Kitchen & Bar
- 2 minute drive to the Lyneham shops Tilleys Devine Caf, The Front Caf, IGA & Chemist
- 7 minute drive to Mount Ainslie Nature Reserve
- Easy access to Belconnen via Ginninderra Drive
- Close to exhibition park Handmade Markets, Capital Region Farmers Market & exciting events all year round

Property History for 7/2 Archibald St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$595,000
07 Nov 2019
Listed for Rent
$515/w
17 Aug 2018
  • 07 Nov 2019
    Sold for $595,000
  • 18 Oct 2019
    Listed for Sale Under Contract
  • 10 Aug 2018
    Listed for Rent $515 / 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 3,076 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.