306/241 Northbourne Avenue, Lyneham, ACT 2602 sold on 21 April 2026 | OnTheHouse
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Sold on 21 Apr 2026 for $666,800

306/241 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
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Property Details for 306/241 Northbourne Ave, Lyneham

306/241 Northbourne Ave, Lyneham is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Apartment sold in Lyneham in the last 12 months.

Building Type
Apartment
Floor Size
110m2

Last Listing description (April 2026)

Discover a rare opportunity in one of Canberra’s most sought-after inner-north locations. This sophisticated dual-key apartment features a one-bedroom residence plus a fully self-contained studio, both under a single title, offering unparalleled versatility for investors, professionals, or downsizers.

The thoughtfully designed layout allows you to live in one space while renting the other or operate both as independent income streams. Bathed in natural light from a prized north to east aspect, the apartment showcases timber and tile flooring, modern-industrial interiors, and premium Smeg kitchen appliances.


Residents enjoy access to resort-style facilities, including a rooftop pool, BBQ entertainment area, and private cinema. Smart code entry ensures convenience and security, while the property also includes a storage cage and secure underground parking. Positioned directly opposite the light rail and within easy reach of the city’s best cafés, restaurants, and shopping, this address combines lifestyle, convenience, and investment potential.

Perfect for those seeking strong rental returns, flexible living options, or a premium city-base, this property represents a unique opportunity in Canberra’s vibrant inner north. Enquire today to arrange a viewing.

What We Love:
• Exclusive rooftop retreat with BBQ area, cinema, and pool
• Designer Smeg kitchen appliances throughout
• Coveted north-to-east aspect capturing abundant natural light
• Expansive open-plan living framed by rich timber flooring
• Sophisticated modern-industrial interiors with high-end finishes
• Dual-income opportunity: one title, two self-contained residences
• Smart access system with secure code entry
• Fully furnished studio and partly furnished one-bedroom apartment
• Private storage cage with custom shelving
• Light rail at your doorstep for effortless connectivity
• Steps to the city’s finest dining, boutiques, and entertainment
• Secure underground parking for peace of mind

Key Figures
• Up to 7% Gross Yield
• EER: 6.0
• Area Total: 110m²
• Balcony Total: 14m²
• Level: 3
• Year Built: 2015
• Complex: Base241
• Amenities: Rooftop BBQ Entertainment & Pool
• Rates: $513 per quarter (approx.)
• Land Tax (Investors only): $633 per quarter (approx.)
• Strata: $1,965 per quarter (approx.)
• Rental Estimate: $970 - $990 per week for both
• Current Rent: $960 per week for both
• Floor: Timber and Tiles
• Kitchen Appliances: Smeg

Property History for 306/241 Northbourne Ave, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$666,800
21 Apr 2026
  • 21 Apr 2026
    Sold for $666,800
  • 30 Oct 2025
    Listed for Sale $650,000+
  • 11 May 2015
    Sold for $544,900
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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 3,256 properties. Over the last 5 years, Houses in Lyneham have seen a 32.31% increase in median value, while Units have seen a 27.55% increase. As at 31 March 2026:

  • The median value for Houses in Lyneham is $1,300,503 while the median value for Units is $540,548.
  • Houses have a median rent of $675 while Units have a median rent of $590.
There are currently 20 properties listed for sale, and 14 properties listed for rent in Lyneham on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Lyneham.

Suburb Insights for Lyneham 2602

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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.