506/241 Northbourne AvenueLyneham ACT 2602
Property Details for 506/241 Northbourne Ave, Lyneham
506/241 Northbourne Ave, Lyneham is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 1740m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2012.
Last Listing description (February 2025)
Dual key properties are a rare presentation to the market and apartment 506 in the Base complex on Northbourne Avenue is just such an offering and is the perfect way to maximise the return on your investment dollar. Comprising a separately accessed one bedroom apartment as well as a one bedroom studio the beauty of this property is the dual income stream from the separate tenancy agreements in place.
The apartment is beautifully presented and has an open plan living and dining area as well as a kitchen with ample storage and moveable island bench. The large bedroom is complete with a built-in robe and the bathroom has floor to ceiling tiles along with a shower and separate toilet. The studio is compact but functional with a kitchenette, built-in robe, bathroom and separate balcony.
The amenities at Base 241 include a heated rooftop pool and barbecue area and the location is second to none and just a walk to the caf?'s and restaurants of Braddon, the Dickson shopping precinct and the Lyneham shops.
Apartment features:
- Tenanted at $440 P/W
- Open plan living, dining and kitchen
- Electric cooktop, dishwasher and island bench
- Bedroom with built in robe
- Bathroom with floor to ceiling tiles and separate toilet
- Large balcony with mountain views
Studio features:
- Tenanted at $320 P/W
- Built in robe with European style laundry
- Kitchenette
- Bathroom with floor to ceiling tiles
- Private balcony
- Other features:
- Rooftop pool and barbecue area
- Minutes to Braddon, Dickson and Lyneham
- Short walk to Lyneham Primary and High Schools
- Light rail stop at front of complex
Property History for 506/241 Northbourne Ave, Lyneham, ACT 2602
- 16 Sep 2024Listed for Rent $550 / week
- 23 Aug 2024Listed for Sale $680,000+
- 17 Feb 2022Listed for Sale $680,000+
Recent sales nearby
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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 3,258 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.
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