Back 58/179 Melrose Dr
Off Market

58/179 Melrose Dr

Lyons ACT 2606

2
1
1
Apartment
Josh WilsonJosh Wilson, last sold this property on 04 November 2025 after 20 days on market.

Overview

Quiet, North-Facing Apartment in Prime Location

* Auction 6pm Wednesday November 5th unless sold prior. Buyers Price Guide $359,000+ * Tucked away on the quiet side of the complex and overlooking the private gardens, this top-floor North facing apartment offers peace and privacy in a highly convenient location. Just minutes from Woden and close to public transport, shops, and local amenities, this freshly painted two-bedroom home is perfect for first-home buyers, downsizers, or savvy investors seeking low-maintenance living. Bathed in natural light the spacious living area flows seamlessly onto a sunny north-facing balcony, ideal for relaxing with a morning tea or coffee. The neat kitchen features ample bench space, electric cooking, and generous storage. Both bedrooms are fitted with built-in wardrobes and double-glazed windows for year-round comfort. The bathroom includes a combined laundry for added convenience. With strong rental demand and proximity to key amenities, this property presents an excellent investment opportunity, with estimated rental returns of $460$500 per week. Features: Freshly painted throughout North-facing lounge, bedrooms, and balcony with abundant sunlight Large windows and bright living spaces Private balcony Spacious kitchen with electric cooktop and oven Two bedrooms with built-in wardrobes and double glazing Bathroom with integrated laundry with double glazing Undercover parking and storage cage Two-minute walk to Woden Plaza, Government Offices, CIT Woden, public transport, and local shops Built in 1975 EER: 6 Living size: 57m2 approx. Balcony size: 6m approx. Rates: $615 p.q. approx. Body Corporate: $990 p.q. Approx. Disclaimer: Please note that while all care has been taken regarding information and marketing information compiled for this sale advertisement, Momentum Property 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
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 58/179 Melrose Dr is $380k.

Median value
$380k
Estimated value range
$329k - $572k
Median days on market
59
Estimated value trend
-11%
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 58/179 Melrose Dr

2026
Rented
Undisclosed
Leased on 04 Jan 2026 by HomeGround Real Estate Canberra
2025
Sold
Undisclosed
Sold Before Auction on 04 Nov 2025 by Josh Wilson, of MOMENTUM PROPERTY SALES
2020
Rented
Undisclosed
Leased on 07 Jul 2020 by Hayman Partners

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 2 bedroom apartments in Lyons

In the last 12 months, 20 two-bedroom apartments similar to 58/179 Melrose Dr, have been sold.

This represents a 66% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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