OFF MARKET

123 Lancaster Avenue
Melrose Park NSW 2114

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 581m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 123 Lancaster Ave, Melrose Park

123 Lancaster Ave, Melrose Park is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 581m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1950
Floor Size
103m2
Land Size
581m2
Local Government
Ryde
Lot/Plan
223/DP15965

Last Listing description (December 2023)

Set in one of Melrose Park's premier streets, this original home caters to a lifestyle that is both quiet and convenient. With a north to rear aspect, it's moments to trains, ferries and Shepherds Bay Village Plaza.

- Scope to knock down/rebuild (STCA)
- Layout includes separate dining/ living rooms with timber floors

- Two double sized bedrooms both offered with built in robes
- Main bathroom provides separate tub, shower and dual vanity
- Whisper quiet location, only footsteps to Meadowbank Park
- Close to bus services direct to Sydney city and West Ryde
- Ready to live in or lease while future plans are considered
- Scope to renovate or rebuild into a large family home (STCA)
- Ideal for developers, renovators and upsizing families alike
- Stroll to Meadowbank Park, near schools, major arterial roads

"All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries"

Property History for 123 Lancaster Ave, Melrose Park, NSW 2114

A timeline of how this property has performed in the market
Last Sold
$2,040,000
02 Aug 2023
Listed for Rent
$595/w
07 Nov 2017
  • 02 Aug 2023
    Listed for Sale Sold Off Market
  • 02 Aug 2023
    Sold for $2,040,000
  • 08 Oct 2020
    Sold for $1,520,000
Sign in to see more transactions

Commute Calculator

About Melrose Park 2114

The size of Melrose Park is approximately 1 square kilometres. It has 7 parks covering nearly 14.5% of total area. The population of Melrose Park in 2011 was 1,471 people. By 2016 the population was 1,556 showing a population growth of 5.8% in the area during that time. The predominant age group in Melrose Park is 40-49 years. Households in Melrose Park are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation. In 2011, 81.6% of the homes in Melrose Park were owner-occupied compared with 84.4% in 2016.

Melrose Park has 1,391 properties. Over the last 5 years, Houses in Melrose Park have seen a 80.32% increase in median value, while Units have seen a -16.65% decrease. As at 31 August 2024:

  • The median value for Houses in Melrose Park is $2,229,495 while the median value for Units is $785,313.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 13 properties listed for sale, and 6 properties listed for rent in Melrose park on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Melrose park.

Suburb Insights for Melrose Park 2114

Market Insights
Melrose Park Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Melrose Park Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.