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407/253 Northbourne Avenue, Lyneham$575,000
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407/253 Northbourne Avenue

Lyneham, ACT 2602, Australia
$575,000
2 bed 2 bath 1 car69 m²

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About this property

Don't miss this opportunity to secure a generously proportioned two-bedroom, two-bathroom apartment with secure parking in the highly regarded "Embark" developmentjust a short stroll from Canberra City. Designed for modern living, "Embark" showcases quality craftsmanship, refined finishes, and durable materials that balance style with everyday practicality. The result is a home that feels sophisticated, comfortable, and built to lastideal for owner-occupiers and investors alike. Positioned in the heart of Lyneham, this apartment is surrounded by parks, wetlands, and nature reserves, while remaining moments from the energy of the inner city. Enjoy effortless access to employment hubs, dining, entertainment, universities, and recreational amenities, with the light rail nearby providing a seamless commute into the CBD. Apartment Features: * Two spacious bedrooms with built-in robes; master bedroom with direct access to the balcony * Open-plan living and dining flowing to a covered balcony, ideal for entertaining * Stylish kitchen with stone benchtops, Fisher & Paykel oven, induction cooktop, dishwasher, and ample storage * Designer main bathroom and ensuite with premium fixtures and fittings * European laundry with tub and dryer included * Floor-to-ceiling double-glazed windows and square-set ceilings * Ducted reverse-cycle air conditioning and recessed LED lighting * Instantaneous gas hot water system * NBN and Foxtel ready, with audiovisual intercom access * Secure basement car space with storage cage * West-facing balcony capturing stunning views toward Black Mountain and Telstra Tower Location Highlights: * Easy walking distance to transport, shops, cafés, bars, and the Canberra City precinct * Close to Braddon, ANU, and Lake Burley Griffin * Convenient access to the light rail network This is more than just an apartmentit's a lifestyle opportunity in one of Canberra's most connected inner-north locations. Inspect with confidence and act quickly. Currently tenanted @ $670 per week until 8 July 2026. Key Figures (Approx.): * Living area: 69m² * Balcony: 13m² * Built: August 2020 * Strata levies: $853 per quarter * General rates: $514 per quarter * Land tax (investors only): $611 per quarter * Water: $219 per quarter Disclaimer: Canberra Property Partners endeavours to ensure the accuracy of all marketing material; however, no warranty is given and interested parties are encouraged to rely on their own enquiries.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
69 m²
Listed
3 months ago

Repayment calculator

$2,788/month
$1,394 /fortnight
Loan $460,000 at 6.10% over 30 years

Upfront costs

Deposit$115,000
Stamp duty$12,194
Conveyancing (est.)$2,000
Total upfront$129,194
Verify with ACT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lyneham

This 2-bedroom apartment in Lyneham, ACT 2602 sits within reach of public transport, local shops and nearby schools. It is listed 4% below the $599,000 median of 57 comparable apartmentswithin 5 km.

Schools near Lyneham

  • Brindabella Christian Collegecombined · K-12 · CoEd
  • Lyneham Primary Schoolprimary · K-6 · CoEd
  • Lyneham High Schoolsecondary · 7-10 · CoEd

What's nearby

  • Northbourne Avenue opposite Motor Registry (bus)737 m away
  • All In One Super Mart795 m away
  • Unnamed248 m away
  • Unnamed290 m away
  • Jandura Park414 m away

Lyneham at a glance

Full suburb profile
Population
5,703
Median age
35
Household income
$2,084/wk
Median rent
$425/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lyneham price trend

Median sold · Unit 2 bed

Compound growth -0.6% / yr over 4 yrs

$530kcurrent median

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