20/179 Melrose DriveLyons ACT 2606
Property Details for 20/179 Melrose Dr, Lyons
20/179 Melrose Dr, Lyons is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 12921m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (June 2024)
This two-bedroom apartment is situated in the leafy 'Melrose Gardens' complex and is an amazing opportunity to secure a property in the ever-popular Woden Valley Suburb of Lyons. Enjoy the convenience and easy access to Westfield Woden, parks, public transport and close to The Canberra Hospital.
Enter the home is through a secure private balcony, to the front door. The living space features large windows, filling the space with natural light. The kitchen has plenty of cupboard and bench space as well as a free-standing electric cooktop and oven.
Adding to the fabulous opportunity this apartment offers a single car space as well as multiple visitor parking options within the complex.
The perfect investment opportunity is presented with a tenant on a month-by-month tenancy at $380 per week, or break into the market and a secure a home in the highly desired 2606 postcode. Don't miss this opportunity.
Features;
Fabulous investment opportunity with the opportunity to continue the tenancy at $380 per week
Leafy aspects
Kitchen with electric cooking and ample bench & cupboard space
Front balcony with separate lockable entry
Single car space
Linen closet
Perfect located close to The Canberra Hospital, parks, public transport and Westfield Woden
EER: 4.5 stars
Living size: 57m2 (approx.)
Body corporate: $618 per quarter (approx.)
Rates: $1,573.70 p.a (approx.)
Land Tax: $2,015.57 p.a (approx.) if rented
Construction: 1974 (approx.)
Property History for 20/179 Melrose Dr, Lyons, ACT 2606
- 25 Aug 2023Sold for $357,500
- 20 Apr 2023Listed for Sale Under Contract
- 06 Apr 2021Sold for $265,000
Recent sales nearby
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0About Lyons 2606
The size of Lyons is approximately 2.3 square kilometres. It has 10 parks covering nearly 45.7% of total area. The population of Lyons in 2016 was 3085 people. By 2021 the population was 3271 showing a population growth of 6.0% in the area during that time. The predominant age group in Lyons is 20-29 years. Households in Lyons are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Lyons work in a professional occupation.In 2021, 51.10% of the homes in Lyons were owner-occupied compared with 49.50% in 2016.
Lyons has 1,619 properties. Over the last 5 years, Houses in Lyons have seen a 39.42% increase in median value, while Units have seen a 31.85% increase. As at 30 November 2025:
- The median value for Houses in Lyons is $1,160,072 while the median value for Units is $392,238.
- Houses have a median rent of $680 while Units have a median rent of $490.
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