28/179 Melrose Drive, Lyons, ACT 2606 | Property Value & History | OnTheHouse
OFF MARKET

28/179 Melrose Drive
Lyons ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 12921m2
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Property Details for 28/179 Melrose Dr, Lyons

28/179 Melrose Dr, Lyons is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. 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 transferred in March 2015.

Building Type
Unit
Year Built
1975
Floor Size
58m2
Land Size
12921m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 2, Section 53, Unit 28

Last Listing description (December 2025)

Located just moments from Woden and within easy reach of transport, shops and local amenities, this freshly painted apartment is the perfect opportunity for first-home buyers, downsizers or investors wanting low-maintenance living in an unbeatable location.

Set on the first floor, the home enjoys an abundance of natural light through large east-facing windows, with a generous living area flowing out to a sunny balcony.

The kitchen is spacious and well-appointed, with plenty of bench space, electric cooktop and oven, and great storage. Both bedrooms feature built-in wardrobes, and the bathroom includes an integrated laundry. Recently updated with new paint and fitted with sheer and block out roller blinds, the home also includes reverse-cycle air conditioning for year-round comfort.

With strong rental demand in the area and close proximity to employment hubs, this property presents a fantastic investment opportunity with great return potential. Whether you're looking to add to your portfolio or secure a centrally located home, this one ticks the boxes.

Features:

Freshly painted throughout
Sunny east-facing balcony
Large windows and loads of natural light
Spacious kitchen with ample bench space and storage
Electric cooktop and oven
Two bedrooms, both with built-in wardrobes
Reverse-cycle split system air-conditioner in living
Spacious bathroom with combined laundry
Sheer and blockout roller blinds
Uncovered allocated car space
Undercover storage cage
Minutes to Woden, public transport and local shops
Built-in wardrobes in both bedrooms
Built-in 1975
Rental estimate of $460-$500 per week

EER: 0.5
Living size: 57m approx.
Balcony size: 6m approx.
Rates: $557 p.q. approx.
Body Corporate: $1008 p.q. approx.

Disclaimer:
Please note that while all care has been taken regarding information and marketing information compiled for this sale advertisement, Luton Properties does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective buyers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs.

Property History for 28/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Transferred
30 Mar 2015
Listed for Rent
$450/w
07 Jul 2023
  • 26 Jun 2025
    Listed for Sale $359,000
  • 22 May 2023
    Listed for Rent $450 / week
  • 05 Mar 2018
    Listed for Rent $380 / week
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About 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.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Lyons on OnTheHouse. According to Cotality's data, 69 properties were sold in the past 12 months in Lyons.

Suburb Insights for Lyons 2606

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Cotality Copyright and Legal Disclaimers about Property Data
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.