20/15 Oliver St, Lyneham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 2396m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Investors, Take note of this fantastic gross yield*
Quality is the hallmark of this complex in this small group of 21 apartments - and this is the largest of all the one bedroom apartments! The well-considered design of the complex means that security access is shared with only four other apartments. Even downstairs in the basement is well lit and clean and fantastic!
Ownership in the complex has remained fairly constant since the 2010 off-the-plan sales, which is testament to this well built Madison Construction complex.
The apartment has the great open plan design with no lost hallway space in the floorplan. Both ends of the apartment flow out to balconies, and this means natural light streams into the apartment from both orientations. The views from both balconies do not look into any other apartment, and due to the leafy surrounds, you also don't see into the neighbouring houses.
The kitchen is well designed with caesarstone benchtops, stainless steel appliances, with a great sized pantry. Your storage downstairs is a lockable small room, rather than an open cage. As the excellent EER 6 shows, the split system heating and cooling and centralised gas hot water will keep you comfortable all year round even in the cooler months.
The location is brilliant, and a short walking distance to Dickson shopping and restaurant precinct, Lyneham shops and quality private and public schools.
With the high quality of finish on offer here, there is nothing to do but buy and enjoy this apartment.
Bedroom and balcony photos are for same sized bedroom and balcony in another apartment in this complex. Illustration purposes only. Other photos are available upon request.
Features Include:
One bedroom 57m2 apartment with open plan living with a 9m2 balcony and a second 6m2 bedroom balcony
Split system heating and cooling
Only four other units have security access to your entrance
Ceaserstone bench tops and large pantry and dishwasher
Stainless steel Blanco kitchen appliances
Security Access Intercom
Secure basement car space
Enclosed and private basement storage - not a cage
Centralised Gas hot water
Clothes dryer included in the sale
Walking distance to Dickson Shopping and restaurant precinct
Sporting and recreational facilities nearby
Quality public and private schooling nearby
Fantastic transport options walking distance from the apartment
EER 6
Land Size: 2396m
Land Value: $3,048,000
Body Corporate: $2076.96 pa (approx)
Rates $1,139.59 pa (approx)
Land Tax $1,478.06 pa (approx)(if rented)
Apartment: 57m2
Living Room Balcony: 9m2
Bedroom Balcony: 6m2
Car park: 13m2
Total: 85m2
Lease Period: 04/01/2016-03/01/2017
Gross Rent: $350 per week
Gross Yield:4.98%
*Gross Yield Calculated on $365,000
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:
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