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Off Market

306/241 Northbourne Avenue

Lyneham ACT 2602

2
2
2
110 m²
Apartment
Last sold for $666,800
Adanna ObinnaAdanna Obinna, last sold this property on 21 April 2026 after 173 days on market.

Overview

7% Rental Yield, "Two" Many Possibilities

Discover a rare opportunity in one of Canberra's most sought-after inner-north locations. This sophisticated dual-key apartment features a one-bedroom residence plus a fully self-contained studio, both under a single title, offering unparalleled versatility for investors, professionals, or downsizers. The thoughtfully designed layout allows you to live in one space while renting the other or operate both as independent income streams. Bathed in natural light from a prized north to east aspect, the apartment showcases timber and tile flooring, modern-industrial interiors, and premium Smeg kitchen appliances. Residents enjoy access to resort-style facilities, including a rooftop pool, BBQ entertainment area, and private cinema. Smart code entry ensures convenience and security, while the property also includes a storage cage and secure underground parking. Positioned directly opposite the light rail and within easy reach of the city's best cafés, restaurants, and shopping, this address combines lifestyle, convenience, and investment potential. Perfect for those seeking strong rental returns, flexible living options, or a premium city-base, this property represents a unique opportunity in Canberra's vibrant inner north. Enquire today to arrange a viewing. What We Love: Exclusive rooftop retreat with BBQ area, cinema, and pool Designer Smeg kitchen appliances throughout Coveted north-to-east aspect capturing abundant natural light Expansive open-plan living framed by rich timber flooring Sophisticated modern-industrial interiors with high-end finishes Dual-income opportunity: one title, two self-contained residences Smart access system with secure code entry Fully furnished studio and partly furnished one-bedroom apartment Private storage cage with custom shelving Light rail at your doorstep for effortless connectivity Steps to the city's finest dining, boutiques, and entertainment Secure underground parking for peace of mind Key Figures Up to 7% Gross Yield EER: 6.0 Area Total: 110m² Balcony Total: 14m² Level: 3 Year Built: 2015 Complex: Base241 Amenities: Rooftop BBQ Entertainment & Pool Rates: $513 per quarter (approx.) Land Tax (Investors only): $633 per quarter (approx.) Strata: $1,965 per quarter (approx.) Rental Estimate: $970 - $990 per week for both Current Rent: $960 per week for both Floor: Timber and Tiles Kitchen Appliances: Smeg

Features

2 bedrooms
2 bathrooms
2 carspaces
110 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Lyneham over the last 12 months, the estimated median property value of 306/241 Northbourne Avenue is $531.24k.

Median value
$531.24k
Estimated value range
$370k - $732.5k
Median days on market
38
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lyneham. 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 306/241 Northbourne Avenue

2026
Sold
$666,800
Private Sale/Treaty on 21 Apr 2026 by Adanna Obinna, of Someday Property
2024
Rented
Undisclosed
Leased on 09 Apr 2024 by Someday Property

Happy sellers in Lyneham

90%
90% of sellers in Lyneham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 28 reviews in Lyneham over the last 12 months.

Local market activity for 2 bedroom apartments in Lyneham

In the last 12 months, 39 two-bedroom apartments similar to 306/241 Northbourne Avenue, have been sold.

This represents a 7% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lyneham

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Obi Shadmaan

Obi Shadmaan is a recommended agent for Lyneham.  They have 2 local sales and collected 4 local reviews across the last 12 months.

  •   5   (193 reviews)
  •  4 Reviews in Lyneham
  •  2 Sales in Lyneham
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Luna Moon

Sellers who recommend Luna Moon have praised them for being responsive, local expert, reliable, friendly, clear communication and well-prepared

  •   4.9   (36 reviews)
  •  2 Reviews in Lyneham
  •  2 Sales in Lyneham
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Kostya Logvinov

Sellers who recommend Kostya Logvinov have praised them for being clear communication, local expert, honest, supportive, friendly, great negotiation and responsive

  •   4.9   (456 reviews)
  •  2 Reviews in Lyneham
  •  2 Sales in Lyneham
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Ally Smith

Ally Smith is a recommended agent for Lyneham.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (114 reviews)
  •  2 Reviews in Lyneham
  •  2 Sales in Lyneham
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