150 Lancaster AvenueMelrose Park NSW 2114
Property Details for 150 Lancaster Ave, Melrose Park
150 Lancaster Ave, Melrose Park is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 799m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (March 2025)
Set on an enormous 784sqm block on the banks of the Parramatta River, this well-maintained freestanding home is ready to welcome its next family, yet comes with pre-approved architect plans for a stunning brand-new residence. It makes a generous and comfortable property with a spacious interior layout featuring an abundance of natural light and spectacular water views. Ready to move right in now, this is an excellent opportunity to create your waterfront dream in a quiet street with the convenience of Rivercat ferries, Melrose Park boat ramps, local schools, acres of parkland and playing fields, all within a stroll from the front door.
Melrose Park, just a short walk away, is undergoing a revitalization project. This initiative seeks to create jobs, expand housing, and enhance the community with new facilities and public spaces. The urban activation precinct in Wentworth Point is taking shape with a 3.9-hectare park, three pocket parks, residential neighbourhoods, a new school, and a scenic foreshore. This area connects seamlessly to Sydney Olympic Park through pedestrian and cycle paths. Plans also include extending the Homebush Bay promenade to feature a lively maritime plaza with shops and cafes, enriching the waterfront experience.
- A prime waterfront position and easterly views up the length of the river
- Pre-approved plans for a three-storey home of sleek architectural design
- The new home will feature luxury finishes and a swimming pool
- A covered entertainment deck and a spacious grassed garden
- Ready to live-in or rent out straight away while planning the future
- Potential to explore duplex development and maximise value (STCA)
- Close proximity to Melrose Park boat ramp, schools, parks & cycleways
- Approx. 10 minutes to Parramatta's CBD and 20 minutes to Sydney's CBD
- Rivercat ferries, buses and train transport are all only a short stroll away
- Approx. outgoings per qtr: Council: $520 & Water: $173
Property History for 150 Lancaster Ave, Melrose Park, NSW 2114
- 05 Nov 2023Sold for $3,991,000
- 27 Sep 2023Listed for Sale Sold at auction - residential suburb record.
- 26 Sep 1998Sold for $552,000
Recent sales nearby
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About Melrose Park 2114
The size of Melrose Park is approximately 1.0 square kilometres. There are 7 parks, covering nearly 14.5% of the total area. The population of Melrose Park in 2016 was 1574 people. By 2021 the population was 2059 showing a population growth of 30.8% in the area during that time. The predominant age group in Melrose Park is 30-39 years. Households in Melrose Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation.In 2021, 70.10% of the homes in Melrose Park were owner-occupied compared with 84.40% in 2016.
Melrose Park has 2,228 properties. Over the last 5 years, Houses in Melrose Park have seen a 27.34% increase in median value, while Units have seen a -0.63% decrease. As at 31 May 2026:
- The median value for Houses in Melrose Park is $2,216,379 while the median value for Units is $786,661.
- Houses have a median rent of $850 while Units have a median rent of $750.
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