8/16 De Burgh StreetLyneham ACT 2602
Property Details for 8/16 De Burgh St, Lyneham
8/16 De Burgh St, Lyneham is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 682m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (November 2022)
Perfectly located at the City end of beautiful, tree-lined, De Burgh Street sits the boutique Lumina complex and this delightful two bedroom apartment is presented to the market for the first time since the development's release.You are going to love the open kitchen, light filled living areas, study nook, main bedroom with ensuite, floating timber floor, generous balcony and, with wonderful tenants in place until December 2020, the security of your investment is assured with a guaranteed rent of $520/week. Alternatively; you could buy now, utilise the tax benefits, and move in later. Either way; this really is an opportunity not to be missed! The benefits of this location are plain to see - as well as a beautiful canopied street you are walking distance from some cracking local shopping centres at O'Connor, Lyneham amp; Dickson; you are a block away from the Macarthur Avenue light rail stop and bike paths that take you straight to the ANU, Civic, the cafe's of Braddon, green space and playing fields. Features:Boutique complex of only 12 residences Over 65m2 of living space plus balcony Two bedrooms both with built in robes Study nook Floating timber flooring Split system air conditioning Stainless steel appliances European style laundry Security intercom access to basement and foyer Basement car parking and storage
Property History for 8/16 De Burgh St, Lyneham, ACT 2602
- 30 Sep 2020Sold for $450,000
- 13 May 2020Listed for Sale Under Contract
- 30 Oct 2019Listed for Rent $510 / 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 3,075 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.
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