OFF MARKET

11/179 Melrose Drive
Lyons ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 12921m2
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Property Details for 11/179 Melrose Dr, Lyons

11/179 Melrose Dr, Lyons is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 12921m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1970
Floor Size
58m2
Land Size
12921m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 2, Section 53, Unit 11

Last Listing description (March 2017)

This top floor apartment boasts a fantastic opportunity for both investors and those looking to make their first purchase into the property market.
Two spacious bedrooms, both with built-ins, open plan lounge/dining with galley style kitchen. One allocated car space and internal laundry.
11/179 Melrose will capture the eye of perceptive investors and home buyers alike, and the location is, without a doubt, extremely convenient within walking distance of Westfield Woden, Woden Bus Interchange and the Canberra Hospital.

- Top floor apartment with views
- Two good sized bedrooms with built-in robes
- Combined bathroom and laundry
- Open plan living and kitchen area
- Benefit of an allocated carport with storage cupboard
An excellent opportunity to kick start your investment portfolio or simply add to your existing one.
Our interstate owners' instructions are clear - and that is to sell!
EER: 4.0

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Property History for 11/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$225,000
31 Jan 2017
Listed for Rent
03 Feb 2017
  • 31 Jan 2017
    Sold for $225,000
  • 16 Dec 2016
    Listed for Rent - Price not available
  • 06 Oct 2016
    Listed for Sale $217,000+
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About Lyons 2606

The size of Lyons is approximately 2.3 square kilometres. It has 10 parks covering nearly 45.7% of total area. The population of Lyons in 2011 was 2,735 people. By 2016 the population was 3,103 showing a population growth of 13.5% in the area during that time. The predominant age group in Lyons is 30-39 years. Households in Lyons are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyons work in a professional occupation. In 2011, 52.1% of the homes in Lyons were owner-occupied compared with 49.5% in 2016.

Lyons has 1,605 properties. Over the last 5 years, Houses in Lyons have seen a 8.36% increase in median value, while Units have seen a 25.14% increase. As at 31 October 2024:

  • The median value for Houses in Lyons is $984,260 while the median value for Units is $382,930.
  • Houses have a median rent of $623 while Units have a median rent of $475.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Lyons.

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