OFF MARKET

77/179 Melrose Drive
Lyons ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 12921m2
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Property Details for 77/179 Melrose Dr, Lyons

77/179 Melrose Dr, Lyons is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 12921m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
1975
Floor Size
57m2
Land Size
12921m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 2, Section 53, Unit 77

Last Listing description (February 2020)

Looking for your first home, a downsizer or an addition to your investment portfolio? Then here's your opportunity to secure this new offering to the market before someone else does.

Freshly painted throughout, new barnwood vinyl flooring, new carpet, updated kitchen, a new oven, new blinds, and 6-star energy rating with new ceiling insulation. There's simply nothing for the new owner to do; except book the removalists (aka friends & family) and move straight in.

Boasting an updated functional kitchen with ample storage, two good size bedrooms with built in wardrobes, double glazed windows, LED lighting, a private balcony with leafy outlooks, plenty of visitor parking, and allocated undercover car space including a lockable storage area.

All conveniently located in the hub of Woden Shopping Centre and situated in the sought after "Woden Gardens" complex; you are literally minutes from Westfield shopping, local cafes and restaurants, including the new and vibrant Bradley Street Dining precinct. And with Government department offices nearby, the Phillip Business District, quality schools, public transport, a plethora of bars and clubs, gyms and sporting facilities you'll be home in next to no time and have all the options.

With Stage 2 of the light rail network from the City to Woden coming and a proposed station next to the Woden Shopping Centre. This is the moment you jump at the chance to buy and/or invest before you find yourself saying "It's too late!". An already great location will become the perfect one!

Vacant and ready for you to move in before Christmas, or to purchase as an investment property in the heart of Woden with zero vacancy rates!

Call Glen on 0416 219 957 for any questions, or to arrange an inspection.

At a glance:

New flooring & freshly painted throughout
Double glazed windows
LED & Tastic lighting
Electric heating
Updated kitchen with new oven
All new blinds
Walking distance to Woden shopping centre & public sector departments
Plenty of visitor parking inside the complex
Allocated car space and storage area
6-star energy rating
Previously rented at (without the updates): $340 per week
Potential current market rental: $360-$370 per week
Contructed: 1975
Units in complex: 88

Outgoings:

General Rates: $510 p/qtr (approx.)
Body Corporate Fees: $582 p/qtr (approx.)
Land Tax: (if rented out) $621 p/qtr (approx.)
Living Area: 53m2, balcony 5.5m2 (approx.)

Property History for 77/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$277,500
20 Dec 2019
Listed for Rent
$350/w
10 Jul 2017
  • 20 Dec 2019
    Sold for $277,500
  • 08 Nov 2019
    Listed for Sale Offers Above $280,000
  • 28 Apr 2017
    Listed for Rent - Price not available
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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 1,604 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 4 properties listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 59 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.