246 Greville Avenue, Sanctuary Point, NSW 2540 | House for sale | OnTheHouse
FOR SALE
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246 Greville Avenue
Sanctuary Point NSW 2540

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 1056m2
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STUNNING WATERFRONT RESERVE LIVING - SPACE, VIEWS & ENDLESS POTENTIAL

Presented by Timothy Peadon and Ema Oreskovic of One Agency Elite Property Group.
Welcome to 246 Greville Avenue, Sanctuary Point – a rare opportunity to secure a spacious 5-bedroom, 2-bathroom home positioned on a beautiful waterfront reserve with uninterrupted views across the serene waters of St Georges Basin. Set on two separate DP parcels, this property offers exceptional versatility, future potential, and the ultimate coastal lifestyle.
From the moment you arrive, the peaceful setting and expansive outlook create a feeling of calm. The home itself is designed to capture natural light and those breathtaking water views, with multiple living spaces that flow seamlessly to outdoor areas perfect for relaxing or entertaining.
Upstairs you’ll find generous bedrooms, a well-appointed bathroom, a full kitchen and a spacious living area that forms the heart of the main residence, capturing stunning water views and amazing sunsets. This level is ideal for family living, offering comfort, practicality, and a stunning outlook.
Downstairs offers even more flexibility, featuring its own kitchen, bathroom, and additional living and bedroom spaces, making it perfect for extended family, a teenager’s retreat, or a self-contained granny-flat style arrangement.
Outside, the expansive backyard rolls straight onto the waterfront reserve, providing direct access to the calm waters of Palm Beach. From here, you can enjoy swimming, paddle boarding, windsurfing, kayaking, fishing, or simply soaking in the peaceful coastal atmosphere. The grounds are private and tranquil, with established gardens creating a lush, relaxing setting ideal for outdoor living. A spacious double car garage adds practicality, offering ample room for vehicles, storage, or workshop needs.
Whether you’re searching for a family home, holiday escape, or a property with development or dual-use potential thanks to the two DPs, this one is truly special.
Key Features:
- Waterfront reserve position with stunning water views
- Two separate DP parcels offering excellent future potential
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Property Details for 246 Greville Ave, Sanctuary Point

246 Greville Ave, Sanctuary Point is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1056m2. The place is currently for sale with ONE AGENCY ELITE PROPERTY GROUP.

Building Type
House
Land Size
1056m2
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About Sanctuary Point 2540

The size of Sanctuary Point is approximately 5.9 square kilometres. It has 20 parks covering nearly 18.3% of total area. The population of Sanctuary Point in 2016 was 7225 people. By 2021 the population was 7874 showing a population growth of 9.0% in the area during that time. The predominant age group in Sanctuary Point is 60-69 years. Households in Sanctuary Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sanctuary Point work in a community and personal service occupation.In 2021, 69.20% of the homes in Sanctuary Point were owner-occupied compared with 69.40% in 2016.

Sanctuary Point has 4,967 properties. Over the last 5 years, Houses in Sanctuary Point have seen a 48.52% increase in median value, while Units have seen a 35.86% increase. As at 30 November 2025:

  • The median value for Houses in Sanctuary Point is $689,700 while the median value for Units is $583,846.
  • Houses have a median rent of $523 while Units have a median rent of $470.
There are currently 63 properties listed for sale, and 13 properties listed for rent in Sanctuary point on OnTheHouse. According to Cotality's data, 296 properties were sold in the past 12 months in Sanctuary point.

Suburb Insights for Sanctuary Point 2540

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Timothy Peadon
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Ema Oreskovic
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ONE AGENCY ELITE PROPERTY GROUP
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.