OFF MARKET

7B/62 Wattle Street
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 8765m2
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Last updated 18 Nov 2024
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Property Details for 7b/62 Wattle St, Lyneham

7b/62 Wattle St, Lyneham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 8765m2.

Building Type
Unit
Year Built
1972
Land Size
8765m2
Local Government
Canberra Central

Last Listing description (March 2022)

Perfectly located in the Acacia Gardens complex and with a rental appraisal of $350 - $380/week this apartment is the perfect, affordable, opportunity for you to start or add to your investment portfolio.The apartment has been renovated throughout and with efficient open plan living, floor to ceiling windows, large kitchen and a private balcony will hold great appeal for tenants or even an owner-occupier looking for entry level into a premium inner north location.Acacia Gardens is just a block away from the Lyneham Shops, the iconic Tilley's Caf, is walking distance to the MacArthur Avenue light rail stop and also offers easy access to the CBD by car or bike - this location is unbeatable!Features:Entry level into the Inner North market Renovated Kitchen and throughout Open plan living Bedroom with built-in-robe Linen cupboard Single carport and undercover bicycle facilities Walking distance to the Lyneham shops, Dickson, Braddon and City Centre Walking distance to Macarthur Avenue light rail stop 40m2 of living plus 13m2 balcony

Property History for 7b/62 Wattle St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
  • 18 Feb 2022
    Listed for Sale $290,000+
  • 12 May 2015
    Listed for Sale Offers over $250,000

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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.
There are currently 24 properties listed for sale, and 27 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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