OFF MARKET

801/241 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 1740m2
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Property Details for 801/241 Northbourne Ave, Lyneham

801/241 Northbourne Ave, Lyneham is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a land size of 1740m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2015
Land Size
1740m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 24, Section 50, Unit 68

Last Listing description (November 2020)

Opportunity to secure this fantastic investment, 1 address, 2 properties!

Property 1 is a 1-bedroom, 1-bathroom apartment; with living and entertaining areas flowing efficiently. Enjoy plentiful natural light in the open-plan kitchen and living area which open out onto a private balcony. A separate laundry is included as well as ducted reverse-cycle air conditioning.

Property 2 is a studio apartment which is currently rented at $330 pw. It also includes reverse-cycle air conditioning.

Both properties feature a industrial modern dcor throughout, each with a European laundry and separate bathroom. Accompanied by 2 Car spaces and a lock up storage.

The "Base 241" development offers a premium location along with unmatched inclusions and onsite facilities; including a rooftop pool and entertaining and recreational facilities. Boasting stunning views, close proximity to the Canberra Light Rail, and central location to Canberra's city centre, both of these properties will come highly sought after.

EER: 6.0
Living: 96 sqm
Balconies: 17 sqm
Body Corporate: $967.24 pq
Rates: $1,648 pa
Land Tax: $1,928 pa

Property History for 801/241 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$690,000
20 Nov 2020
Listed for Rent
$455/w
19 Aug 2019
  • 20 Nov 2020
    Sold for $690,000
  • 01 Oct 2020
    Listed for Sale $680,000+
  • 11 Jul 2019
    Listed for Rent - Price not available
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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.

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.