OFF MARKET

123 Launceston Street
Lyons ACT 2606

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 144m2
Land area: 788m2
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Property Details for 123 Launceston St, Lyons

123 Launceston St, Lyons is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1967. The property has a land size of 788m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1967
Floor Size
144m2
Land Size
788m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 5, Section 51

Last Listing description (November 2021)

Auction Location: Onsite.

A great opportunity on offer in one of Canberra's most central suburbs, nestled in a superb position within a tightly held pocket of Lyons, this home is sure to impress!

Set on a large 788m2 block this home is ideal for growing families or investors, just minutes from Woden's Central Business District, Westfield Shopping centre and Canberra hospital. A short walk to the local Early Learning School and minutes from excellent private and government High Schools.

A flexible and versatile floor plan the home is currently split into two distinct homes comprised of a two-bedroom, one bathroom home on the left and a one-bedroom ensuite on the right of the property. Opportunity to keep one or two as an investment or renovate to design your dream home in a blue chip location.

Single carports on either side of the home provides car accommodation and access to the private rear yard. Thriving gardens encircle the fully fenced property, with just a short stroll to parkland, local schools and shops.

Do not miss out on this great opportunity to secure a home in this great suburb, an inspection is highly recommended.

Features:
* Adaptable and versatile floor plan.
* Separately metered for electricity usage.
* Dual rental income.
* Hardwood Ash Timber Floorboards throughout.
* Split systems in both living rooms and master bedrooms.
* Set back from the street, with a private rear garden.
* Live in one and rent out the other or renovate into an exceptional & singular home.

Rates: $3,011 p.a.
Land Tax: $4,324 p.a.
UV: $434,000
EER: 0.5 Stars
Block: 788m2
Living: 144m2
Built: 1967

Property History for 123 Launceston St, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$950,000
13 Jul 2021
Listed for Rent
$350/w
19 Jul 2019
  • 09 Nov 2021
    Listed for Sale Sold
  • 13 Oct 2021
    Listed for Sale Sold
  • 13 Jul 2021
    Sold for $950,000
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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 1,606 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 5 properties listed for sale, and 2 properties listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Lyons.

Suburb Insights for Lyons 2606

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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.