Lyneham is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2602). With a population of 5,703, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $108K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Lyneham is $1.2 million, having dipped slightly 0.6% over the past year. Units have a median price of $545,000 (+7.4% YoY). The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,800.
Lyneham is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1140, which is well above the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Unincorporated ACT LGA is moderate at 4,945 incidents per 100,000 population.
From an investment perspective, Lyneham offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.0M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved -0.6% year-on-year.
Lyneham is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2602). With a population of 5,703, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $108K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Lyneham is $1.2 million, having dipped slightly 0.6% over the past year. Units have a median price of $545,000 (+7.4% YoY). The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,800.
Lyneham is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1140, which is well above the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Unincorporated ACT LGA is moderate at 4,945 incidents per 100,000 population.
From an investment perspective, Lyneham offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.0M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved -0.6% year-on-year.