154 Lancaster Avenue, Melrose Park, NSW 2114 | Property Value & History | OnTheHouse
OFF MARKET

154 Lancaster Avenue
Melrose Park NSW 2114

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1854m2
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Last updated 24 Aug 2026
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Property Details for 154 Lancaster Ave, Melrose Park

154 Lancaster Ave, Melrose Park is a 1 bedroom, 1 bathroom House. The property has a land size of 1854m2.

Building Type
House
Land Size
1854m2
Local Government
Ryde
Lot/Plan
2/DP1285345

Last Listing description (August 2026)

Presenting an exceptionally rare waterfront opportunity in one of Melrose Park's most sought-after riverside positions, offering two separate premium blocks, each with CDC approval for the construction of a luxury new home.

Opportunities of this calibre are rarely offered to the market, particularly with CDC approval already in place. Set along the Parramatta River, each parcel provides an outstanding opportunity to create a brand-new luxury residence enjoying beautiful water views and an enviable riverside lifestyle.

Two Separate Blocks Available:

Block 1 801sqm approx.
Block 2 1,053sqm approx.

Each block is available separately, providing the rare flexibility to secure one premium waterfront parcel or acquire both.

Why This Opportunity Is So Rare:
-Rarely available waterfront land in a tightly held Melrose Park position
-Two separate substantial blocks, each available individually
-Each block has CDC approval for a luxury new home
-Beautiful Parramatta River and water views
-Premium waterfront setting
-Opportunity to build a brand-new luxury residence with CDC approval already in place
-Peaceful and private position
-Surrounded by quality homes and an exciting new residential and lifestyle precinct
-Exceptional potential to create a prestigious waterfront family home

Outstanding Lifestyle Location
-Walking distance to the new Melrose Park shopping precinct
-Walking distance to Meadowbank Ferry Wharf & Meadowbank train station
-Moments from the Parramatta River foreshore and Waters Edge, ideal for walking, cycling and recreation
-Close to boat ramps, perfect for boating and water enthusiasts
-Easy access to Meadowbank Park, sporting facilities, parks and walking tracks
-Convenient to West Ryde and Top Ryde shopping precincts
-Close to reputable local schools and everyday amenities
-Excellent connectivity to Parramatta, Sydney CBD and surrounding suburbs

A Truly Exceptional Offering
Rare waterfront land. Beautiful water views. Two separate blocks. Two CDC-approved luxury homes.

Opportunities combining waterfront positioning, substantial land, water views, CDC approval and an outstanding lifestyle location are exceptionally difficult to find.

Whether purchasing one parcel or securing both, this is a rare opportunity to create a truly exceptional waterfront residence in a rapidly evolving and highly desirable part of Melrose Park.

"All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries."

Property History for 154 Lancaster Ave, Melrose Park, NSW 2114

A timeline of how this property has performed in the market
  • 24 Aug 2026
    Listed for Sale CDC Approved Land with Waterviews
  • 20 Oct 2025
    Listed for Sale FOR SALE | Guide $2,950,000 - $3,150,000
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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 2,534 properties. Over the last 5 years, Houses in Melrose Park have seen a 23.14% increase in median value, while Units have seen a -4.96% decrease. As at 31 July 2026:

  • The median value for Houses in Melrose Park is $2,208,477 while the median value for Units is $742,332.
  • Houses have a median rent of $825 while Units have a median rent of $750.
There are currently 36 properties listed for sale, and 30 properties listed for rent in Melrose park on OnTheHouse. According to Cotality's data, 90 properties were sold in the past 12 months in Melrose park.

Suburb Insights for Melrose Park 2114

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Cotality Copyright and Legal Disclaimers about Property Data
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.