Unit 103,
SORELL 5 BURNIE STREET Lyons ACT 2606

About Lyons (ACT)

With an average age of 51, households expect an average monthly mortgage payment of $1,636 or a weekly rent payment of $390. The average family earns a weekly income of $2,139 with a typical household size of 1.7 and a 97.76% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lyons due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lyons changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Lyons necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Lyons we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lyons a better buying opportunity than it may have been in the past.

Public Transport

EPIC and Racecourse Macarthur Avenue Ipima Street Alinga Street Phillip Avenue Dickson Interchange Swinden Street Elouera Street Sandford Street Canberra

General Points of Interest

Canberra Centre (Monaro Mall Southlands Tennis Club Yamba Club Winston Churchill Aboriginal Tent Embassy ANU Medical School Australian National University Burbidge Amphitheatre Royal Military College Golf Club National Capital Exhibition

Population

(Country of Birth not stated 6%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• Lyons Early Childhood School

  Lyons, ACT, 2606 Independent K-2

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• Holy Trinity Primary School

  Curtin, ACT, 2605 Independent K-6

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• The Woden School

  Deakin, ACT, 2600 Independent 7-12

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• Malkara School

  Garran, ACT, 2605 Independent K-6

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• Alfred Deakin High School

  Deakin, ACT, 2600 Independent 7-10

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• Sts Peter and Paul Primary School

  Garran, ACT, 2605 Independent K-6

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• Garran Primary School

  Garran, ACT, 2605 Independent K-6

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• Curtin Primary School

  Curtin, ACT, 2605 Independent K-6

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• The Canberra College

  Phillip, ACT, 2606 Independent 11-12

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• Hughes Primary School

  Hughes, ACT, 2605 Independent K-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website