OFF MARKET

70/22 Archibald Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 16113m2
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Property Details for 70/22 Archibald St, Lyneham

70/22 Archibald St, Lyneham is a 2 bedroom, 1 bathroom Unit and was built in 1991. The property has a land size of 16113m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1991
Floor Size
61m2
Land Size
16113m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 9, Section 54, Unit 70

Last Listing description (September 2016)

Fairway Park apartments are known to be well built, in a great location and with a lovely community of residents.

Don't miss out on this lovely renovated two bedroom apartment in a well maintained complex. Located on the first floor with a modern renovated kitchen with lots of bench and cupboard space and quality AEG appliances. The open plan living area spills out to a lovely balcony offering a relaxed haven bathed in north facing sun.

This apartment offers options for those downsizing and wanting to travel, investors or first home buyers. Another option may be that if you have children going to university, your Accountant can give you advice about this purchase having excellent benefits at tax time.

The apartment offers convenience for work and study with the Universities being only a short bike ride away. It is very comfortable and secure in a lovely quiet setting. You can walk to Tilleys and enjoy shopping and restaurant options at Lyneham and Dickson shops. There is no need for a car with cycling paths and buses to Civic, Belconnen and Woden so close. This part of the Inner North is one of the rare locations where you don't need a car - but you do have a carport if you do have one.

You are a short walk to the golf course across the road, tennis courts, Southwell Park and excellent schools - as well as only 5 minutes by car to Civic or ANU or University of Canberra.

Features include:

- Fully renovated two bedroom apartment
- North facing balcony
- Open plan living area with timber flooring
- No hallways so optimum use of space
- Good sized modern kitchen with a breakfast bar
- Dishwasher
- AEG electric cooktop and stove
- Sliding mirrored robes in both bedrooms
- Fully renovated bathroom
- Electric Heating
- Bladed fans for cooling
- European laundry with dryer included
- Carport
- Short walk to golf course, tennis and playing fields
- Shopping and schooling options close by

EER: 2.5
Land Size: 16,113m (complex)
Land Value: $4,360,000 (complex)
Land Rates: $1,064.88 pa (approx.)
Body Corporate: $2,458.80 pa

Property History for 70/22 Archibald St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$350,000
18 Aug 2016
Listed for Rent
19 Jun 2015
  • 18 Aug 2016
    Sold for $350,000
  • 12 May 2016
    Listed for Sale $355,000
  • 20 May 2015
    Listed for Rent $360 / 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 3,081 properties. Over the last 5 years, Houses in Lyneham have seen a 50.36% increase in median value, while Units have seen a 36.79% increase. As at 30 September 2024:

  • The median value for Houses in Lyneham is $1,159,300 while the median value for Units is $522,010.
  • Houses have a median rent of $605 while Units have a median rent of $548.
There are currently 27 properties listed for sale, and 13 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 134 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.