SOLD
Sold on 14 Mar 2024 for $1,185,000

37 Olympus Way
Lyons ACT 2606

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 138m2
Land area: 820m2
Sold By
Luton Properties Weston Creek
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Property Details for 37 Olympus Way, Lyons

37 Olympus Way, Lyons is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 820m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Lyons in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
138m2
Land Size
820m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 12, Section 18

Last Listing description (June 2024)

There are many features that make this property an exciting opportunity in this in-demand Woden Valley suburb. Sitting on a generous 820m? (approx.) block, in an elevated and sought-after Street in Lyons that connects to the stunning Oakey Hill Nature Reserve. The home has been thoroughly renovated and freshly painted inside and out, and will appeal to anyone searching for a home that offers both comfortable interior living space, and room for an active outdoor lifestyle. Due to the block size, there is excellent potential for future extension to this beautiful home.

To the right of the entry is the large open-plan living zone with warm-toned flooring and loads of natural light from the many windows on both sides. It includes the lounge, family and dining spaces around the fabulous modern kitchen with ample bench space, stainless steel appliances (6-burner Smeg gas cooker, dishwasher) and plenty of cupboards. To the left of the entry are the sleeping quarters - three bedrooms, all of which have built-in wardrobes and double roller blinds, the beautifully renovated fully-tiled bathroom with bathtub and a separate toilet. The laundry has a timber bench, lovely tiling and good storage. Ducted gas heating and evaporative cooling, and roller blinds throughout provide interior comfort and insulation.

A highlight of this property is the outdoor living to be enjoyed. The front garden is quite private, screened from the street by shady mature trees and plantings around an area of lawn.

At the rear, the living zone flows out to a large, covered timber deck perfect for entertaining with views to Black Mountain and Woden town centre. The deck is elevated ? with plenty of space underneath for outdoor equipment and children's toys plus additional lockable storage under the home.

The lovely tiered backyard has been designed to be secure and low maintenance. Alongside the lawn area for children to play, you will find mature citrus, established gardens and trees, and a paved path leading down to a quiet seating area, perfect for a fire pit, and garden shed. Car accommodation is in the single garage with drive thru access, large driveway and additional off-street parking area. The local shops and Early Childhood School are within easy walking distance, and the bustling Woden precinct's clubs, restaurants and retail stores are just down the road!

Features:
- Elevated and sought-after street
- Views from the rear to Black Mountain
- Renovated throughout, freshly painted inside and out
- Built in wardrobes to all bedrooms
- Large, light-filled living zone
- Ducted gas heating and evaporative cooling
- Large, covered rear deck overlooking the lovely recently landscaped backyard
- Established gardens affording good privacy
- Walking distance to local shops and Woden precinct
- Super-neat home with land bank for potential extension/rebuild in the future
- Rental appraisal of $760 to $800 per week

EER: 1.5
Land Size: 819m2
Living Size: 132m2 (approx.)
Land Rates: $3,898 p.a (approx.)
Land Value: $736,000 (approx.)

Property History for 37 Olympus Way, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$1,185,000
14 Mar 2024
Listed for Rent
$780/w
16 Jan 2023
  • 26 Mar 2024
    Listed for Rent $760 / week
  • 14 Mar 2024
    Sold for $1,185,000
  • 22 Feb 2024
    Listed for Sale Not Disclosed
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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.