Suburb Profile Report for Lyneham ACT (2602)

Lyneham House: Median price $863,500, Annual capital growth 7.54%, Number of sales 22, Weekly median advertised rent $530

Lyneham Unit: Median price $405,000, Annual capital growth 2.59%, Number of sales 73, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Lyneham has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.94%

A 42.49% growth in median value for property investors in Lyneham,2602 puts this suburb at number 14th in terms of best performing suburbs in ACT

Advertised rents are around the $530 mark per week – giving a return of 3.19% based on the median price in Suburb

Lyneham has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 4.31% to date .

While Lyneham,2602 ranked number 20th in ACT for increase in median house value (annualised) increase, it is ranked 52th over the last 5 years.

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.07% offered to property buyers. Sellers in Lyneham itself are offering an average vendor discount of -4.82% to real estate investors.

At number 1173 in a list of fastest selling suburbs, Lyneham is in the bottom 30% of suburbs in Australia with an average of days on market 103.55 for properties listed there.

Lyneham is 32th on a list of best yielding suburbs for rents in ACT with a 5.14% return

Metrics i HOUSE UNIT
$863,500 $405,000
7.94% 2.53%
7.94% 4.31%
7.54% 2.59%
$530 $400
22 73
3.19% 5.14%
N/A 103.55

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4485
Median household income ($/weekly) 1643
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 487 10.9
    25-34 years 985 22.0
    35-44 years 586 13.1
    45-54 years 576 12.8
    55-64 years 514 11.5
    Others 1337 29.8
    Age Group
    Census Count Percent(%)
    Not Married 1647 49.9
    Registered Married 1181 35.8
    Defacto Relationship 473 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2877 71.0
    Indonesia 78 1.9
    United Kingdom 226 5.6
    Viet Nam 61 1.5
    Other 238 5.9
    Others 574 14.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 190 4.9
    Christianity 1894 48.6
    Hinduism 75 1.9
    Islam 53 1.4
    No Religion 1641 42.1
    Others 47 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 134 8.0
    $1,500-$1,999 239 14.3
    $2,000-$2,499 168 10.0
    $2,500-$2,999 184 11.0
    $4,000 or more 131 7.8
    Others 816 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1588 43.9
    Not in the labour force 1124 31.0
    Employed, worked part-time 640 17.7
    Employed, away from work 166 4.6
    Unemployed, looking for work 102 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 354 14.8
    Professionals 995 41.5
    Technicians & trades workers 182 7.6
    Community & personal service workers 205 8.5
    Clerical & administrative workers 378 15.8
    Others 284 11.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 176 17.0
    Secondary 154 14.9
    Technical or Further Educational Institution 106 10.2
    University or other Tertiary Institutions 527 50.9
    Other type of educational institution 37 3.6
    Others 35 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1725 44.7
    Semi-detached, row or terrace house, townhouse 1389 36.0
    Flat, unit or apartment 736 19.1
    Caravan, cabin, houseboat 8 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 899 49.6
    Fully owned 466 25.7
    Being purchased 427 23.6
    Other tenure type 20 1.1
    Tenure Type
Census 2011, ABS
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