SOLD
Sold on 18 Oct 2024 for $385,000

86/179 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 86/179 Melrose Dr, Lyons

86/179 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 October 2024. There are other 2 bedroom Unit sold in Lyons in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
57m2
Land Size
12921m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 2, Section 53, Unit 86

Last Listing description (November 2024)

Welcome to "Woden Gardens" - Infinity Residential is delighted to present this pristine 2-bedroom apartment to the market, perfectly situated adjacent to the Woden town centre.

Offering a pleasant outlook from both the living areas and the bedrooms onto the lush, private internal courtyard of the complex this offering is ideal for the investor or first home buyer looking for a value for money property in a great location.

This exceptional property offers a delightful view from both the living areas and bedrooms, overlooking the lush and private internal courtyard of the complex. It is an ideal choice for investors or first-time homebuyers seeking a value-for-money property in a superb location.

Upon entering the apartment, you are greeted by a well-designed living and dining area that optimizes the available space. A covered balcony provides a serene and private outlook, offering a tranquil view of the courtyard. The kitchen has been meticulously updated and is in impeccable condition, boasting a functional design, quality appliances, and ample counter space.

Moving along the hallway, you will find two bedrooms, each equipped with built-in robes. The bedroom windows are double-glazed, providing enhanced insulation and noise reduction. Adjacent to the second bedroom is the combined bathroom and laundry, featuring a window that welcomes the soft, natural sunlight from the east.

Conveniently located near the stairs leading up to the unit, there is a carport available, complete with a secured storage area. Given the property's proximity to Woden, you may find that owning a car is no longer a necessity, allowing you to leave it comfortably parked in the carport.

Seize this opportunity to secure a high-quality apartment in the thriving town centre of Woden!

THE FEATURES:
- Naturally light filled
- 2 well sized bedrooms with built in robes
- Double glazed windows to the bedrooms
- Open plan living
- Updated kitchen with quality appliances.
- Secure dedicated undercover car space and ample visitor parking
- Brand new laminate timber flooring
- Split system reverse cycle heating and cooling
- Close to shops, schools and public transport

THE DETAILS:
- EER: 6.0 Stars
- Living area: 62.5sqm (approx.)
- Body Corporate: $656.50
- Rates: $556 p/q
- Land Tax: $677 p/q (if rented)
- Rental Estimate: $450 - $500 week

Contact Infinity Residential on 6140 3215 or Dave Prasad on 0451 514 950 to arrange a private viewing!

Disclaimer: Whilst we take due care in gathering details on properties for sale, Infinity Residential accepts no responsibility for any inaccuracies herein. All applicants should rely on their own research and confirm any information provided.

Property History for 86/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$385,000
18 Oct 2024
Listed for Rent
$475/w
28 Nov 2022
  • 18 Oct 2024
    Sold for $385,000
  • 05 Sep 2023
    Sold for $388,000
  • 19 Jul 2023
    Listed for Sale $369,000+
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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 1,615 properties. Over the last 5 years, Houses in Lyons have seen a 33.01% increase in median value, while Units have seen a 24.89% increase. As at 30 November 2024:

  • The median value for Houses in Lyons is $1,012,439 while the median value for Units is $384,143.
  • Houses have a median rent of $638 while Units have a median rent of $490.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Lyons.

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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.