Unit 103, SORELL 5 BURNIE STREET Lyons ACT 2606
This property is Off Market
- The Average property price in this area is $928,010, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 107.75 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
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?
There are a recorded 318 asthma sufferers and 128 people living with diabetes. In addition, 166 people have a heart/vascular condition and 289 people live with three or more chronic diseases.A good place to invest in property?
Lyons (ACT) a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
Income
42 / 100
56 / 100
Industry
22 / 100
28 / 100
Population
25 / 100
26 / 100
House Prices
57 / 100
72 / 100
Jobs
17 / 100
32 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
Property Story
Unit 103, Sorell, 5 Burnie Street, Lyons, Act, 2606 is a residential property . The estimated distance to the sea is 107.75km and 0.92KM to vegatation considered to be a factor in bushfire risk.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
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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