5 Melville StreetAshbury NSW 2193
Property Details for 5 Melville St, Ashbury
Last Listing description (April 2025)
RWC Western Sydney is pleased to present 5 Melville Street, Ashbury, for sale via Auction
An outstanding opportunity awaits owner-occupiers, investors, and developers.
Centrally located in Sydney's tightly held Inner West where opportunities of this scale are rarely offered to the market, this property offers a rare chance to acquire a property in a prime location with strong underlying market growth suitable for adaptive reuse as well as redevelopment.
Additional highlights of the property are outlined below:
• Total Site area of 2,049 sqm*
• Zoned R2 - Low Density Residential
• Existing Place of Worship equipped with two halls plus amenities
• Permissible uses; Place of worship, Residential Duplexes, Childcare & Early education facilities, Group homes and health consulting rooms and much more!
• 1.5km* to Ashfield Railway Station and adjoining Ashbury Public School
• Strategically positioned in a central location
• Unique offering potential for owner occupiers or developers alike
The property will be offered for sale via onsite Auction Thursday 13 March 2025 at 2:00pm.
For more information, please contact the below selling agents.
*approximately
Property History for 5 Melville St, Ashbury, NSW 2193
- 13 Mar 2025Sold for $5,324,000
- 02 Feb 2025Listed for Sale ONSITE AUCTION
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About Ashbury 2193
The size of Ashbury is approximately 1.0 square kilometres. It has 7 parks covering nearly 12.2% of total area. The population of Ashbury in 2016 was 3329 people. By 2021 the population was 3353 showing a population growth of 0.7% in the area during that time. The predominant age group in Ashbury is 50-59 years. Households in Ashbury are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashbury work in a professional occupation.In 2021, 86.10% of the homes in Ashbury were owner-occupied compared with 86.30% in 2016.
Ashbury has 1,415 properties. Over the last 5 years, Houses in Ashbury have seen a 42.63% increase in median value, while Units have seen a 18.59% increase. As at 31 March 2026:
- The median value for Houses in Ashbury is $2,496,657 while the median value for Units is $922,696.
- Houses have a median rent of $1,000.
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