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ACT › Lyneham › Northbourne Ave

519/253 Northbourne Ave, Lyneham ACT 2602

For saleUnit

$690,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $690,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $690,000(Listing record · 13 Aug 2026)
  • CalculationAsk is 43% below the Lyneham median recorded sale ($1,215,000, n=9, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lyneham's advertised median rent ($425/wk), implied gross yield would be 3.20% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$690,000

Asking

No recorded sale for this property.

Lyneham at a glance

6,032

People

$1,215,000

Median sale

$425/wk

Median rent

1.82%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Lyneham report →

Vs Lyneham

-43.2%

Median sale

Suburb $1,215,000

+1.38 pp

Gross yield

Suburb 1.82%

Suburb median $1,215,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$690,000
Stamp Duty (Australian Capital Territory)
$19,608
Transfer/Registration Fee
$496
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$713,804

$23,804 on top of the price (3.4% extra)

  • Stamp Duty (Australian Capital Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lyneham's advertised median rent — not a rent for this listing.

Net yield
1.70%
Annual cashflow (pre-tax)
$-24,130
Interest cover (DSCR)
0.33
Annual rent
$22,100
Operating expenses
$10,350
Loan amount
$552,000
Annual interest
$35,880
Gross yield
3.20%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$690,000available13 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $425/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lyneham in one glance

Lyneham at a glance

6,032

People

$1,215,000

Median sale

$425/wk

Median rent

1.82%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Lyneham report →

Keep researching

  • Why Lyneham? Read the area thesis →
  • What else is on the market in Lyneham →
  • Other records on Northbourne Ave →

Listing material

Listed by LJ Hooker Canberra City

A Rarely Spacious 110m� Two-Bedroom Apartment at Embark

Spacious, stylish and superbly located, this premium two-bedroom apartment combines modern comfort with unmatched convenience, making it the perfect place to call home.

This is not your typical two-bedroom apartment. Offering an impressive 110m� floor plan, this oversized residence delivers the width, separation and sense of space that is rarely found in modern apartment living.

North-facing and positioned to capture views towards Mount Majura, the apartment enjoys a rare outlook for a property on this side of Northbourne Avenue, bringing an abundance of natural light and a beautiful sense of openness into the home.

Read the full description

The floor plan is a standout. The living area is wide, spacious and genuinely comfortable, while the two bedrooms are thoughtfully positioned with excellent separation between them, providing privacy and functionality that is often missing from standard two-bedroom, two-bathroom apartments.

The enclosed balcony has been cleverly designed as a stunning winter garden, creating an additional living space that can be enjoyed throughout the year. Framed by expansive views offers a serene environment for working from home, reading or simply soaking in the picturesque outlook.

Positioned within the popular 'Embark' development, you are just a short stroll from Dickson's vibrant shopping precinct, restaurants and cafes, with the light rail right at your doorstep. It offers the perfect balance of convenience and lifestyle, close enough to the City to enjoy everything it has to offer, while still providing a peaceful place to call home.

Residents also enjoy access to the impressive rooftop garden and barbecue facilities, complete with 360-degree views across Canberra.

Large, light-filled and genuinely different from the typical two-bedroom apartment, this is an opportunity that needs to be seen to be appreciated. With its generous 110m� floor plan, north-facing aspect and rare Mount Majura outlook, apartments offering this combination of space and position are difficult to find.

Internal: 96m2 ( Approx )

Balcony: 12 m2 ( Approx )

Bedroom Balcony: 2m2 ( Approx )

Body corporate: $4,359 per annum (Approx)

Rates: $2,596 per annum ( Approx )

Features:

- Impressive 110m� floor plan + Balconies

- North-facing aspect

- Rare Mount Majura outlook

- Oversized two-bedroom, two-bathroom layout

- Wide and spacious open-plan living area

- Excellent separation between bedrooms

- Enclosed Winter balcony

- Modern kitchen with Fisher & Paykel appliances and induction cooktop

- Stone benchtops and soft-close cabinetry

- Externally ducted rangehood

- Ducted reverse-cycle air conditioning

- Double-glazed windows and glass

- Semi-frameless glass shower screens

- Recessed LED lighting

- Intercom access

- Basement storag

- Rooftop garden with barbecue facilities and 360-degree views

Whats nearby:

- Dickson Shopping Precinct � approx. 0.8km

- Dickson Interchange / Light Rail � approx. 0.25km

- Dickson College � approx. 0.9km

- Lyneham High School � approx. 1.1km

- Lyneham Primary School � approx. 1.4km

- Daramalan College � approx. 1.3km

- Australian National University (ANU) � approx. 2.5km

- Canberra CBD � approx. 3.0km

- Mount Majura � approx. 3.5km

- Canberra Centre � approx. 3.0km

- Australian War Memorial � approx. 3.0km

Disclaimer:

Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Photography Disclaimer: Some images may have been virtually staged to better showcase the true potential of the rooms and spaces in the home. Alternatively, while the property may have been staged for photography, it might be vacant during your inspection.

Listing description written by Andrew Grenfell, LJ Hooker Canberra City — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.