OFF MARKET

2 Melrose Street
Lane Cove North NSW 2066

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 199m2
Land area: 556m2
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Last updated 16 Sep 2024
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Property Details for 2 Melrose St, Lane Cove North

2 Melrose St, Lane Cove North is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 556m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
1960
Floor Size
199m2
Land Size
556m2
Local Government
Willoughby
Lot/Plan
2/DP224202

Last Listing description (August 2016)

In an incredibly serene parkside setting, secreted away in a cul-de-sac with Chatswood Golf Club at the end of the street, this uniquely versatile, impressively sized home provides expansive family accommodation as-is, plus the ability to convert the two levels into two totally self-contained residences, perfect for investors or the owner-occupier seeking a passive second income. Brimming with potential to further capitalise, it's just minutes' walk to transport and the state-of-the-art Mowbray Public School.

- Three generous bedrooms upstairs & one downstairs bedroom
- Easily converted into two totally private residences

- Upstairs living flows to a spectacular full-length terrace
- Huge kitchen, alfresco courtyard framed by lush gardens
- Huge LUG with storage plus additional off-street parking

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Property History for 2 Melrose St, Lane Cove North, NSW 2066

A timeline of how this property has performed in the market
Last Sold
$1,560,000
17 Jun 2016
  • 17 Jun 2016
    Sold for $1,560,000
  • 12 May 2016
    Listed for Sale SOLD Confidential
  • 09 Feb 2016
    Sold

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About Lane Cove North 2066

The size of Lane Cove North is approximately 2.3 square kilometres. It has 19 parks covering nearly 21.5% of total area. The population of Lane Cove North in 2011 was 9,337 people. By 2016 the population was 11,438 showing a population growth of 22.5% in the area during that time. The predominant age group in Lane Cove North is 30-39 years. Households in Lane Cove North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lane Cove North work in a professional occupation. In 2011, 57.8% of the homes in Lane Cove North were owner-occupied compared with 53.6% in 2016.

Lane Cove North has 6,551 properties. Over the last 5 years, Houses in Lane Cove North have seen a 57.81% increase in median value, while Units have seen a 16.96% increase. As at 31 August 2024:

  • The median value for Houses in Lane Cove North is $2,794,232 while the median value for Units is $869,226.
  • Houses have a median rent of $1,000 while Units have a median rent of $650.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Lane cove north on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Lane cove north.

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