51/179 Melrose Drive, Lyons, ACT 2606 | Property Value & History | OnTheHouse
OFF MARKET

51/179 Melrose Drive
Lyons ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 51/179 Melrose Dr, Lyons

51/179 Melrose Dr, Lyons is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
1975
Local Government
Woden Valley
Lot/Plan
LYONS: Block 2, Section 53, Unit 51

Last Listing description (May 2024)

Affordably Priced in a Central Location

** View this property by appointment, contact Gerard on 0438 437 790 to arrange a convenient time **

Positioned literally moments away from Westfield Woden and the buzzing Woden CBD, this two-bedroom apartment would make a perfect first home or a sensible investment. Each bedroom has a built-in robe, the living area is spacious enough to accommodate a lounge & dining area and the kitchen has plenty of storage space. A low-maintenance, high-convenience and budget-friendly option for those looking to enter the property market in one of Canberra premier regions.

- Rental Appraisal $430 - $470 per week

- First floor apartment
- Two bedrooms, each with built in robes
- Open plan living area
- Reverse cycle air conditioning
- Updated appliances
- Allocated car space (not undercover)

- Strata Fees approx. $645 per quarter (inclusive of admin fund & sinking fund)
- Rates approx. $546 per quarter
- Land Tax (If tenanted) $640 per quarter

Whilst all care has been taken to ensure accuracy, the material and information contained are approximate only and no warranty can be given. Bastion Property Group does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property History for 51/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$360,000
09 May 2024
  • 19 Apr 2024
    Sold - Price Undisclosed
  • 22 Feb 2024
    Listed for Sale $360,000+
  • 20 Dec 2015
    Listed for Rent $310 PER 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.