247 Lancaster Road, Ascot, QLD 4007 | House for sale | OnTheHouse
 
FOR SALE
$1,750,000

247 Lancaster Road
Ascot QLD 4007

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 405m2
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Prime Ascot Land Blank Canvas Ready for Your Dream Build

Phone enquiries - please call 1300 594 794 and quote property ID 36888.
Positioned in one of Brisbane’s most prestigious suburbs, this level 405m² block now presents as a blank canvas ready for immediate development. With the original home already demolished and all preliminary approvals in place, buyers can move forward quickly to design and construct a bespoke residence or boutique development in a sought-after lifestyle location.
With no current development application lodged, the site offers exceptional flexibility — whether you’re planning a luxury family home, architect-designed project (STCA), or investment build in one of Brisbane’s most tightly held pockets.
Level 405m² block in blue-chip Ascot, ready to build
Original dwelling already demolished – no demolition costs or delays
No DA lodged – design and submit your ideal build (STCA)
Prime location close to Racecourse Road cafes, shops and dining
Moments to Ascot and Doomben train stations
Easy access to Eagle Farm and Doomben Racecourses
Zoned for Hamilton State School and near St Rita’s and St Margaret’s Colleges
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Property Details for 247 Lancaster Rd, Ascot

247 Lancaster Rd, Ascot is a bedroom, bathroom House. The property has a land size of 405m2. The place is currently for sale with No Agent Property.

Building Type
House
Land Size
405m2
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About Ascot 4007

The size of Ascot is approximately 2.8 square kilometres. It has 7 parks covering nearly 34.1% of total area. The population of Ascot in 2016 was 5777 people. By 2021 the population was 6531 showing a population growth of 13.0% in the area during that time. The predominant age group in Ascot is 30-39 years. Households in Ascot are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 56.10% of the homes in Ascot were owner-occupied compared with 54.70% in 2016.

Ascot has 3,696 properties. Over the last 5 years, Houses in Ascot have seen a 75.68% increase in median value, while Units have seen a 116.98% increase. As at 31 December 2025:

  • The median value for Houses in Ascot is $2,824,582 while the median value for Units is $950,181.
  • Houses have a median rent of $823 while Units have a median rent of $630.
There are currently 16 properties listed for sale, and 8 properties listed for rent in Ascot on OnTheHouse. According to Cotality's data, 192 properties were sold in the past 12 months in Ascot.

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