1/27 Mackennal Street, Lyneham, ACT 2602 | Property Value & History | OnTheHouse
OFF MARKET

1/27 Mackennal Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 1620m2
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Property Details for 1/27 Mackennal St, Lyneham

1/27 Mackennal St, Lyneham is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 1620m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1980
Floor Size
62m2
Land Size
1620m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 24, Section 37, Unit 1

Last Listing description (February 2023)

This unit is your perfect opportunity to purchase in the sought after suburb of Lyneham. The unit represents great "value" to the owner occupier or astute investor. In a period of increasing interest rates and rising inflation this unit represents location and amenity at a great price.

The unit is part of a small complex located in a quiet and leafy corner of Lyneham but within 800m of the Lyneham shops which include a medical practice, IGA, Capital Chemist and the infamous Tilleys Cafe. Also within close proximity is Dickson, O'Connor, Braddon and Civic, putting you at the heart of the inner North.

This is a well laid out two bedroom unit, with built in robes in the master. The unit is air conditioned and heated and has an updated kitchen and bathroom, with a living space that opens on to a small private balcony. The unit also a single allocated carport space.

Opportunities like this are limited, so inspect without delay.

Offers over $465,000

Features:
* Affordable and functional two bedroom unit
* Walking distance to the Lyneham shops
* Reasonable proximity to Dickson, O'Connor, Braddon and Civic
* Bus stop within walking distance
* Allocated carport

EER: 5.5

Rates: approx. $2,544 per annum
Land tax: approx. $3,470 per annum
Strata Fees: approx. $2,808 per annum

Inspection by appointment unless otherwise advertised

Property History for 1/27 Mackennal St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$466,000
21 Feb 2023
Listed for Rent
$370/w
15 Jun 2020
  • 21 Feb 2023
    Sold for $466,000
  • 21 Jan 2023
    Listed for Sale Offers Above $465,000
  • 08 May 2020
    Listed for Rent $370 / week
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About Lyneham 2602

The size of Lyneham is approximately 5.4 square kilometres. It has 17 parks covering nearly 52.3% of total area. The population of Lyneham in 2016 was 5112 people. By 2021 the population was 5703 showing a population growth of 11.6% in the area during that time. The predominant age group in Lyneham is 20-29 years. Households in Lyneham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyneham work in a professional occupation.In 2021, 48.90% of the homes in Lyneham were owner-occupied compared with 41.80% in 2016.

Lyneham has 3,258 properties. Over the last 5 years, Houses in Lyneham have seen a 37.36% increase in median value, while Units have seen a 37.18% increase. As at 30 November 2025:

  • The median value for Houses in Lyneham is $1,248,276 while the median value for Units is $539,533.
  • Houses have a median rent of $595 while Units have a median rent of $570.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Lyneham on OnTheHouse. According to Cotality's data, 135 properties were sold in the past 12 months in Lyneham.

Suburb Insights for Lyneham 2602

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.