SOLD
Sold on 23 Mar 2024 for $3,300,000

47 Lancaster Avenue
Melrose Park NSW 2114

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 256m2
Land area: 580m2
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Property Details for 47 Lancaster Ave, Melrose Park

47 Lancaster Ave, Melrose Park is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 580m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Melrose Park in the last 12 months.

Building Type
House
Year Built
2017
Floor Size
256m2
Land Size
580m2
Local Government
Ryde
Lot/Plan
90/DP15965

Last Listing description (October 2017)

Located in a serene, highly sought after riverside precinct is this fantastic offering. Set on a level parcel of land, clear of easements 575sqm (approx.) with a wide 12m (approx.) rear lane access to Andrew lane.

The ideal site for your brand new home or invest here with the potential to build a granny flat with private access to both properties (subject to council approval).

Whether it's a complete renovation to suit your style or a rebuild, you will enjoy a lifestyle that comes with the convenience of being a leisurely stroll from Meadowbank Park & cycleway, Ryde Parramatta golf course, Meadowbank boat ramp & train station, shops and schools.

Currently occupying this perfectly shaped parcel of land is a quaint & solid, full brick residence featuring:

-3 large bedrooms
-Separate lounge & dining rooms
-2 x car accommodation including; tandem garage with rear lane access

This property oozes potential for both occupiers & investors don't miss out!

'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'

Nick Matulic : 0403 037 529

Property History for 47 Lancaster Ave, Melrose Park, NSW 2114

A timeline of how this property has performed in the market
Last Sold
$3,300,000
23 Mar 2024
  • 23 Mar 2024
    Sold for $3,300,000
  • 10 Sep 2016
    Sold for $1,270,000
  • 10 Aug 2016
    Listed for Sale $1,250,000 - $1,350,000

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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 1,390 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 10 properties listed for sale, and 4 properties listed for rent in Melrose park on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Melrose park.

Suburb Insights for Melrose Park 2114

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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.