OFF MARKET

8/60 Wattle Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 11172m2
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Property Details for 8/60 Wattle St, Lyneham

8/60 Wattle St, Lyneham is a 2 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 11172m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1974
Floor Size
52m2
Land Size
11172m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 9, Section 41, Unit 8

Last Listing description (November 2022)

Ideal for first-home buyers, young professionals or investors, this first floor apartment is in the heart of the Inner North and gives you the chance to make it your own.

The best thing about this sound investment is the location and the lifestyle that comes with it. Leave the car at home and cycle to work or catch the light rail into the city for dinner on Saturday night. Lyneham shops and cafes are a short walk away and it's only minutes to Dickson shops and the ANU.

Open plan living, two bedrooms with built-in robes, a balcony off the main bedroom and a convenient bathroom and laundry combination tick all the boxes for anyone looking to live close to Canberra's centre with an easy-going lifestyle.

This is a great opportunity to own a piece of the desirable Inner North and secure a solid investment that you can improve upon over time.

At a glance...

- 2 bedrooms
- Built-in robes
- Combined bathroom and laundry
- Open-plan living
- Balcony off master bedroom
- Single carport
- Convenient location
- Close to Lyneham shops and cafes
- Walking distance to light rail and bus stops
- Currently leased at $350 per week

EER 2.5

Property History for 8/60 Wattle St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$283,000
11 Oct 2019
Listed for Rent
$350/w
20 Dec 2017
  • 05 Mar 2020
    Listed for Sale Sold
  • 11 Oct 2019
    Sold for $283,000
  • 27 Aug 2019
    Listed for Sale $265,000+
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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 27 properties listed for sale, and 23 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 138 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.