9/22 Archibald StreetLyneham ACT 2602
Property Details for 9/22 Archibald St, Lyneham
9/22 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 December 2019.
Last Listing description (December 2019)
Perfectly located within walking distance to the Lyneham Shops, the light rail (making it an easy commute to the City and ANU), a short bus ride to Belconnen Town Centre, University of Canberra and a bike ride to the Dickson Shops, this spacious ground floor apartment will have you living the perfect cosmopolitan lifestyle.
Situated on the ground floor of this established development and flooded with northern light, this two-bedroom apartment has townhouse features on an apartment budget. Windows on both sides flank the property and an easy care courtyard makes it a great place to entertain.
The property is very well insulated both noise wise and thermally due to the brick construction. This means it has a constant temperature all year round and maintains its heat in winter and is cool in summer.
The property is currently vacant so an owner occupier can move straight in however it has previously been rented for $400 per week so it would also suit an investor looking for a great rate of return.
In Summary:
North facing Reverse-cycle heating and cooling Lockup garage Great location in quiet part of the development Brick construction and easy care complex Courtyard for entertaining or space for a dog Walking distance to light rail, Lyneham / Dickson Shops 61m2 internally plus courtyard 20m2 garage Costs:
Body coporate fees: $742 p.q. (approx.) Sinking fund balance $490,000 (very healthy fund) General rates: $383 p.q. (approx.) Land tax (if let): $468 p.q. (approx.) Water and sewage: $165 p.q. (approx.)
Property History for 9/22 Archibald St, Lyneham, ACT 2602
- 02 Dec 2019Sold for $355,000
- 11 Sep 2019Listed for Sale Offers Above $355,000
- 23 Oct 2017Listed for Rent $400 / week
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0About 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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