62/179 Melrose Drive, Lyons, ACT 2606 | Property Value & History | OnTheHouse
OFF MARKET

62/179 Melrose Drive
Lyons ACT 2606

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 12921m2
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Property Details for 62/179 Melrose Dr, Lyons

62/179 Melrose Dr, Lyons is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 12921m2. While the property is not currently for sale or for rent, it was last transferred in February 2024.

Building Type
Unit
Year Built
1975
Land Size
12921m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 2, Section 53, Unit 62

Last Listing description (February 2024)

This very affordable one bedroom first floor unit is the ideal addition to any investment portfolio or as an excellent option for the live-in owner requiring an easily maintained residence in the heart of the Woden Valley.

Featuring a separate bedroom with a built-in wardrobe, a combined kitchen/meals area, a sunny living area, bathroom, double glazing, plus an allocated carport and storage.

Situated within easy access to Westfield Woden with the many shops, boutiques, restaurants, cafes and clubs - plus access to public transport - virtually on your doorstep.

Whether you are looking for your first investment property - or are seeking an addition to your existing investment portfolio - this affordable entry level property could be the ideal option for you. Alternatively, the property could well be the perfect opportunity for a live-in owner.

In summary, the features include:

- Separate bedroom with a built-in wardrobe
- Double glazing
- Washing machine and clothes dryer included
- First floor location
- Single allocated carport
- Strata: $484.00 per quarter (approx)
- Rates: $504.00 per quarter (approx)
- Land Tax: $619.46 per quarter (approx) (if not principal place of residence)
- Living: 36m2 (approx)
- EER: 0.5 stars
- Rental estimate: $350 per week

Property History for 62/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Transferred
$272,000
19 Feb 2024
Listed for Rent
$330/w
19 Sep 2022
  • 19 Jan 2026
    Transferred
  • 19 Feb 2024
    Sold for $272,000
  • 18 Jan 2024
    Listed for Sale Not Disclosed
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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 1,622 properties. Over the last 5 years, Houses in Lyons have seen a 16.90% increase in median value, while Units have seen a 27.32% increase. As at 31 January 2026:

  • The median value for Houses in Lyons is $1,053,857 while the median value for Units is $376,062.
  • Houses have a median rent of $700 while Units have a median rent of $490.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Lyons on OnTheHouse. According to Cotality's data, 72 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.