Off the market
86/179 Melrose Drive Lyons ACT 2606
Unit / Apartment
2116.0
UV: $9,513,000 (2022)
This property is currently not on the market.
Value estimates by Allhomes
These are automated estimates only and not a valuation. They should not be relied upon for any financial decisions. We recommend inspecting the property and seeking professional advice from a local expert.
Estimated value
Low
$320k
Mid
$370k
High
$420k
High confidence
Updated: Sep 3 2026
Rental estimate
Per week
$505
7.1% Rental yield
High confidence
Updated: Aug 31 2026
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Nearby properties
SoldLeased
2 bed, 1 bath, 1 park units / apartments sold within 2km in the last 12 months.
Median/average sold price reflects disclosed sale prices only. Some sold prices may be withheld.
2 bed, 1 bath, 1 park units / apartments leased within 2km in the last 12 months.
Leased price is based on the listed rental price at the time the property was leased, unless otherwise confirmed by the agent. It is provided for informational purposes only and may not reflect the final amount agreed in the tenancy agreement.
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Property history
18 Oct 2024
Sold
Michael Potter Real Estate
$385,000
Contract: 18/10/2024
Transfer: 02/12/2024
Listed: 26/09/2024
Days on market: 22
Block size: 12920.9m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
05 Sep 2023
Sold
INFINITY Residential
$388,000
Contract: 05/09/2023
Transfer: 16/10/2023
Listed: 19/07/2023
Days on market: 48
Block size: 12920.9m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
28 Nov 2022
Leased
INFINITY Residential
$475 /week
Leased: 28/11/2022
Listed: 01/11/2022
Days on market: 24
18 Sep 2019
Leased
Distinct
$350 /week
Leased: 18/09/2019
Listed: 18/09/2019
14 Mar 2017
Leased
Distinct
$356 /week
Leased: 14/03/2017
Listed: 27/02/2017
Days on market: 15
09 Jan 2017
Sold
Cream Residential
$206,000
Contract: 09/01/2017
Transfer: 14/03/2017
Listed: 01/12/2016
Days on market: 39
Block size: 12921m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
26 Sep 2008
Sold
$257,000
Contract: 26/09/2008
Transfer: 03/11/2008
Block size: 12921m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
12 May 2000
Sold
$78,800
Contract: 12/05/2000
Transfer: 21/06/2000
Block size: 12921m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
Leased price is based on the listed rental price at the time the property was leased, unless otherwise confirmed by the agent. It is provided for informational purposes only and may not reflect the final amount agreed in the tenancy agreement.
Key details
Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Unit / Apartment
EER:
6
Unimproved Value:
$9,513,000 (2022)
Other Details
Block:
2
Section:
53
Rates (Residential):
$57,066*
Rates (Commercial):
$607,541*
Rates (Rural):
$4,966*
Land Tax (Residential):
$119,541* ((if rented out))
Legal description:
WODE/LYON/53/2
nbn® availability:
nbn® Fibre to the Building (FTTB)
*These are approximate values based on available information.
nbn® Fibre to the Building (FTTB) is available in this property
Max wholesale speed tier available: nbn® Home Fast
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Risks and heritage listing
Flood risk
No dataFlood risk data is unavailable for this property.
Bushfire risk
No dataBushfire risk data is unavailable for this property.
Heritage zone
No dataHeritage listing data is unavailable for this property.
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Block information
Block 2 Section 53 Lyons
Unimproved value: $9,513,000 (2022)
Legal description: WODE/LYON/53/2
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2026.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
What's nearby
Sts Peter And Paul Primary SchoolPrimary School
1.2km
Melrose High SchoolHigh School
1.9km
The Canberra HospitalHospital
1.7km
Woden PlazaMajor Shopping Centre
0.3km
Australian National UniversityUniversity
8.1km
Canberra CollegeCollege
0.9km
Phillip Post OfficePost Office
0.3km
Canberra Institute Of TechnologyTafe
1.2km
Lyons suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
37 years
Population
3,271
Unimproved value for Lyons
$9,513,000
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.