Suburb Profile

Suburb profile for,

Lyneham, ACT

Located in the dynamic state of ACT (postcode 2602), LYNEHAM is a vibrant real estate market. This suburb holds a median house price of $1,167,500 and has demonstrated an average buying growth of Down -0.6%. Last month, 6 houses were available, with 34 transactions completed in the past year. Properties spend around 62 days on the market, reflecting the area's demand with 286 interested buyers. The average rental yield stands at 3.1%, with a weekly median rent of $530 per week and an average rent growth of Up 0.7%. Rental properties usually stay on the market for 20 days. The population in 2016 was 5103, which changed by +13.80% in the past five years. The median weekly household income is $1,745, reflecting an income change of +5.06% over the past five years. Residents have a median age of 36 years, and the suburb has an average annual growth for houses of +8.81%. To fully take advantage of LYNEHAM's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in LYNEHAM, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Lyneham, ACT

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
ACT
Suburb
LYNEHAM
Postcode
2602
Median price for all dwellings
$1,167,500
Last 12 months growth return
Down -0.6%
Avg. dwellings for sale in the suburb every month
6
Avg. dwellings sold in the suburb in previous 12 months
34
Avg days on market for a dwelling listing to sell
62 days
Avg. number of people searching in this suburb every month
286
Avg. rental yield per annum
3.10%
Weekly median rent for all dwellings
$530 per week
Median price for all houses
$1,167,500
Avg. rental yield growth in the previous 12 months
3.10%
Avg. days for a rental listing to find a tennant
20 days
Total suburb population in 2016
5103
Total suburb population change in 5 years up to 2016
13.80%
Avg. household income per week
$1,745
Median age of the population in the suburb
36
Historic avg annual growth return per annum in the suburb
8.81%

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