Back 28/179 Melrose Drive
Off Market

28/179 Melrose Drive

Lyons ACT 2606

2
1
1
57 m²
12921 m²
Apartment
Josh WilsonJosh Wilson, last sold this property on 25 September 2025 after 91 days on market.

Overview

Bright, fresh & incredibly convenient

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.

Features

2 bedrooms
1 bathroom
1 carspace
57 m² floor area
12921 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Lyons over the last 12 months, the estimated median property value of 28/179 Melrose Drive is $370k.

Median value
$370k
Estimated value range
$329k - $572k
Median days on market
59
Estimated value trend
-20%
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 28/179 Melrose Drive

2025
Sold
Undisclosed
Private Sale/Treaty on 25 Sep 2025 by Josh Wilson, of MOMENTUM PROPERTY SALES
2023
Rented
Undisclosed
Leased on 06 Jul 2023 by Luton Properties - Woden
2015
Sold
$265,000
Private Sale/Treaty on 30 Mar 2015 by Gillian Thorn, of Luton Properties - Woden

Happy sellers in Lyons

54%
54% of sellers in Lyons reported that their sale price either exceeded or met their price expectations.

Lyons stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Lyons over the last 12 months.

Local market activity for 2 bedroom apartments in Lyons

In the last 12 months, 18 two-bedroom apartments similar to 28/179 Melrose Drive, have been sold.

This represents a 58% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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