406/241 Northbourne AvenueLyneham ACT 2602
Property Details for 406/241 Northbourne Ave, Lyneham
406/241 Northbourne Ave, Lyneham is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (February 2026)
*currently rented out on a month to month tenancy for $700 per week*
Set within a well-regarded building of just 72 residences, this apartment occupies a desirable north-east corner position, allowing natural light to filter through the home for most of the day. The mid-level setting, combined with windows on two sides, creates a sense of space, privacy and connection to the outlook.
The floorplan is thoughtfully arranged, with the living areas separated from the bedrooms. The main bedroom includes an ensuite and direct access to a private balcony as well as a walk in robe, while the second bedroom offers dual access, providing flexibility for guests or alternative use. A second bathroom and a separate European laundry add everyday practicality.
High ceilings featuring exposed off-form concrete are balanced by bamboo flooring throughout, softening the industrial elements and creating a comfortable living environment. The open-plan kitchen sits centrally within the home and offers generous bench space, ample cabinetry and an additional utility cupboard, supporting both daily living and entertaining. Additionally, the kitchen has an island bench with wheels that makes the customisation of your floor plan a breeze. The ducted reverse-cycle air conditioning ensures year-round comfort.
A full-width balcony extends from the living area, offering an outdoor space for relaxing or entertaining. The Residents also have access to a shared rooftop area with a swimming pool lounge spaces, taking in elevated, near 360 degree view of views across Canberra, prime seating for the views of the drone show and fireworks.
The apartment is currently leased on a periodic tenancy, providing flexibility for purchasers seeking either an investment or future owner-occupier opportunity. Its location between the City and Dickson, with light rail access close by, supports a convenient and well-connected lifestyle.
THE PERKS
Sought-after north-east corner position with abundant natural light
Boutique complex with only 72 apartments
Unique modern-industrial design with exposed concrete ceilings
Bedrooms privately separated from the living zone
Two balconies, including a private balcony off the main bedroom
High ceilings enhancing space and light
Bamboo flooring throughout for warmth and durability
Tandem basement parking with additional storage
Rare rooftop pool area with sweeping views
Light rail at your doorstep, positioned between the City and Dickson
THE NUMBERS
Living Size: 99m2
Balcony size: 16m2
Rates: $514 p.q
Strata: $1964 p.q
Land Tax: $632 p.q
EER: 6 Stars
Rental Estimate: $680-$700 p.w
Build Year: 2015
Property History for 406/241 Northbourne Ave, Lyneham, ACT 2602
- 11 Feb 2026Listed for Sale $670,000+
- 31 May 2024Listed for Rent $680 / week
- 28 Nov 2022Sold for $695,000
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0About 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.
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