72 Lancaster AvenueMelrose Park NSW 2114
Property Details for 72 Lancaster Ave, Melrose Park
72 Lancaster Ave, Melrose Park is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 575.4m2.This Property is currently listed for rent with McGrath Strathfield
Last Listing description (May 2024)
Introducing a rare gem to the market after 67 years, this meticulously positioned property enjoys prime placement near the riverbank in one of Ryde's most coveted neighbourhoods. Nestled on a generous parcel of land perfect for families, 72 Lancaster Ave exudes character, allure, and abundant potential. While the current dwelling is modest, it has been cherished over the years, presenting an enticing opportunity for astute renovators to enhance its value. Alternatively, for those seeking expansion or additional accommodation, there's room to extend, construct a granny flat, or explore the possibilities of building your dream home in this enviable location (stca).
Conveniently situated within a leisurely stroll of various transportation hubs, such as Sydney ferry, bus services and the upcoming light rail routes, scenic parks, a golf course, boat ramp, cycleway, and the exciting Melrose Park urban revitalisation initiative, this presents an unmissable opportunity!
Property Highlights |
- Brick construction
- Two bedrooms
- Family bathroom
- Lounge & dining
- Gas kitchen
- Lock-up garage
- Off-street parking
- Grassy yard for the kids to enjoy
Disclaimer: All information provided has been gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and any interested persons should rely upon their own enquiries. Some photos are location/lifestyle images – all measurements/distances/locations/boundaries are approximate. Any interested persons should rely upon their own enquiries.
Property History for 72 Lancaster Ave, Melrose Park, NSW 2114
- 23 Sep 2024Listed for Rent $800 / week
- 25 May 2024Sold for $2,050,000
- 30 Apr 2024Listed for Sale SOLD | for $2,050,000
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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 1,391 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.
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