Back 24 Lutana Street
Off Market

24 Lutana Street

Lyons ACT 2606

5
3
3
195.62 m²
1182 m²
House
Jason RosesJason Roses, last sold this property on 19 September 2025 after 22 days on market.

Overview

Lyons Development Opportunity – 1,182m² RZ2 Block

Set on an enormous 1,182m² RZ2 block, this substantial five-bedroom, three-bathroom home presents an exciting opportunity in one of Woden Valley’s most convenient and sought-after suburbs. Whether you’re searching for a large family home with plenty of space indoors and out, an investment property with strong rental appeal, or a prime development site, this property offers flexibility to suit a wide range of buyers. The neighbouring block has already been transformed into a three-townhouse project of similar size, highlighting the redevelopment potential here (buyers to make their own enquiries). Alternatively, a comfortable five-bedroom home for your family. Perfectly positioned within walking distance to Lyons' local shops and only moments to the Woden Shopping and Dining Precinct, you’ll have access to an array of cafés, restaurants, supermarkets, specialty stores, gyms, and entertainment options. Public transport and major arterial roads ensure easy connectivity across Canberra. The existing residence is ideal for families, offering five generous bedrooms, three bathrooms, multiple living areas, and a huge backyard – plenty of room for children, pets, or entertaining. Alternatively, investors and developers will value the RZ2 zoning, which allows for dual occupancy or multiple dwellings (STCA). Features include: - 1,182m² RZ2 block with outstanding redevelopment potential - Huge 5-bedroom, 3-bathroom home with versatile living spaces - Exceptional family home, generous size - Positioned near Lyons local shops and the Woden Shopping & Dining Precinct - Close to cafes, supermarkets, specialty stores, gyms, and entertainment - Easy access to public transport and major arterial roads - Potential for dual occupancy or multiple dwellings (STCA) - Excellent investment or development site in a high-demand location This property is more than just a home – it’s a unique chance to secure one of Lyons’ largest RZ2 blocks and create your vision for the future in a premium location. EER: 1 Stars (approx.) Living: 195.62m² (approx.) Garage: 28.94m² (approx.) Carport: 36m² (approx.) Verandah: 6.44m² (approx.) Block: 1,182m² (approx.) Rates: 4,837 per annum (approx.) Land Tax: 9,977 per annum (approx.) - paid by investors only Land Value: $960,000 (2024) Disclaimer: The figures provided herein are approximate and for general informational purposes only. The material and information contained in this marketing document do not constitute legal, financial, or other professional advice. VERV Property expressly disclaims all liability for any inaccuracies, omissions, or errors contained within. No party should rely on this material as the sole basis for any decision-making process. All prospective purchasers are advised to conduct their own independent due diligence and to seek appropriate professional advice prior to entering into any binding agreements or transactions.

Features

5 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
195.62 m² floor area
1182 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Lyons over the last 12 months, the estimated median property value of 24 Lutana Street is $1.25m.

Median value
$1.25m
Estimated value range
$925k - $1.38m
Median days on market
22
Estimated value trend
-17%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lyons. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24 Lutana Street

2025
Sold
Undisclosed
19 Sep 2025 by Jason Roses, of VERV Property

Happy sellers in Lyons

<50%
Less than 50% of sellers in Lyons reported that their sale price either exceeded or met their price expectations.

Lyons stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Lyons over the last 12 months.

Local market activity for 5 bedroom houses in Lyons

In the last 12 months, 5 five-bedroom houses similar to 24 Lutana Street, have been sold.

This represents a 200% decrease in five-bedroom houses sales when compared to the previous 12 months.

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