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ACT › Lyneham › Northbourne Ave

810/241 Northbourne Ave, Lyneham ACT 2602

For saleUnit

$365,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $365,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $365,000(Listing record · 20 May 2026)
  • CalculationAsk is 70% 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 6.05% — 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

$365,000

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

-70.0%

Median sale

Suburb $1,215,000

+4.23 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
$365,000
Stamp Duty (Australian Capital Territory)
$6,810
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
$376,006

$11,006 on top of the price (3.0% 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
4.55%
Annual cashflow (pre-tax)
$-2,355
Interest cover (DSCR)
0.88
Annual rent
$22,100
Operating expenses
$5,475
Loan amount
$292,000
Annual interest
$18,980
Gross yield
6.05%

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$365,000available20 May 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 6.1%. 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 HOME.BYHOLLY

modern.edge

Positioned within the architecturally acclaimed Base 241 development, this striking one-bedroom residence delivers a sophisticated urban lifestyle with a refined brutalist aesthetic, exceptional amenity, and an unbeatable Inner North address.

Designed by Cox Architecture and constructed by Construction Control, Base 241 is celebrated for its bold architectural form, raw concrete finishes, and layered teal screening that create a distinctive contemporary presence. Perfectly positioned between Dickson and Braddon, the residence offers effortless access to vibrant dining precincts, boutique shopping, green open spaces, and the light rail for seamless connectivity to the CBD.

Inside, the apartment showcases soaring concrete ceilings, bamboo flooring, and expansive double-glazed windows that frame the surrounding landscape while ensuring year-round comfort and tranquility. The open-plan living and dining area extends effortlessly to a private balcony, creating a seamless indoor-outdoor connection immersed amongst treetops, open skies, and sweeping district views. Adjustable vertical louvres provide both privacy and filtered natural light throughout the day.

Read the full description

The sleek contemporary kitchen combines sophisticated dark tones with quality finishes, including stone benchtops, extensive storage, glass splashbacks, and a striking Blanco black granite sink. Designed for both functionality and entertaining, the kitchen integrates beautifully with the living spaces and balcony beyond.

A cleverly designed bedroom zone is separated by sliding doors, allowing flexibility between open studio-style living and private retreat. Integrated charcoal cabinetry conceals generous built-in robes and a European laundry, while the beautifully appointed bathroom features floor-to-ceiling tiling, warm neutral tones, frosted glass accents, and timeless modern finishes.

Residents of Base 241 enjoy access to exceptional rooftop facilities including a heated swimming pool and open-air cinema, all set against breathtaking panoramic views across Canberra's city skyline and surrounding mountain ranges. Whether enjoying morning laps at sunrise, entertaining friends beneath the stars, or relaxing as the sun sets over the hills, the rooftop experience offers a truly elevated lifestyle.

Located moments from the CBD, the home places you within easy reach of the Australian National University, New Acton precinct, O'Connor shops, parklands, cycling trails, and established green spaces - delivering the perfect balance of urban convenience and village-style living.

Features:

.architecturally designed one-bedroom apartment in sought-after Lyneham

.prestigious Base 241 development by Cox Architecture

.open-plan living flowing to private balcony

.bamboo flooring and dramatic concrete ceilings

.double-glazed windows throughout

.sleek designer kitchen with stone benchtops and ample storage

.blanco black granite sink and quality appliances

.flexible bedroom with sliding partition doors

.built-in robes and concealed European laundry

.stylish bathroom with full-height tiling

.reverse-cycle ducted heating and cooling

.secure basement parking with storage cage

.fridge, washing machine and dryer included

.intercom and lift access

.exclusive rooftop heated pool and outdoor cinema

.walking distance to Braddon, Dickson and the CBD

.easy access to light rail, ANU and New Acton

.surrounded by parklands, walking trails and green open spaces

Fine details (all approximately)

EER: 6

Built in: 2015

Body Corporate: $1,309.25 p/q

Strata Manager: Grady Strata

Rates: $473 p/q

Rental Estimate: $500-$530 p/w

Number of units in complex: 72

Disclaimer: The information contained in this advertisement is derived from sources we deem reliable. However, we cannot provide any guarantees or warranties regarding the information supplied. Any references to rates, land tax or other statutory charges are indicative only and have been calculated in good faith using publicly available information. Some images may have been virtually styled for marketing and illustrative purposes only. Buyers are encouraged to conduct and rely exclusively on their own enquiries.

Note: From 1 July 2026, Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation may require additional identification, verification and due diligence processes for buyers and sellers involved in property transactions.

Listing description written by Sally Strang + Ash Costello, HOME.BYHOLLY — 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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