Lancaster Ave, Melrose Park NSW 2114
Lancaster Ave, Melrose Park NSW 2114 sits slightly above the suburb's house median. The street is entirely residential houses with no apartments. 5 homes sit above the street; 95 homes sit level with the street; 43 homes sit below the street. 65 homes are recommended for a flood check. There are insufficient recent house sales to calculate a reliable comparison against the suburb, so buyers should compare recent sales of individual homes on the street against nearby comparable properties.
The mix of houses and apartments (units) that make up the Lancaster Ave, Melrose Park NSW 2114 property market.
"Houses" in this report includes detached houses, duplexes, and terraces.
How house lots on Lancaster Ave, Melrose Park NSW 2114 sit relative to street level — topography that affects drainage, flood risk, privacy, and build cost. Statistics are calculated from properties with available data.
See which key planning overlays and environmental risks affect this street before you buy.
Actual house sales on Lancaster Ave, Melrose Park NSW 2114 over the past 5 years, plotted against the Melrose Park NSW 2114 median house price trend over the same period.
6 popular houses on Lancaster Ave, Melrose Park NSW 2114
Actual apartment (unit) sales on Lancaster Ave, Melrose Park NSW 2114 over the past 5 years, plotted against the Melrose Park NSW 2114 median apartment price trend over the same period.
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Common questions about living on and buying property on Lancaster Ave, Melrose Park NSW 2114 — lifestyle, transport, and the local housing market.
Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.
Is Lancaster Ave an expensive or affordable street relative to Melrose Park?
House prices on Lancaster Ave sit 6.84% above the Melrose Park suburb house median.
What are the risk and overlay factors on Lancaster Ave?
There is no bushfire, heritage, or high-voltage overlay on Lancaster Ave. Sixty-five properties are recommended for a flood check, and 88 fall under other flood classifications indicating no flood risk identified or not mapped. A flood check recommended status means further assessment is advised, so buyers should review council mapping, flood reports, and insurance costs before purchasing.
Are properties on Lancaster Ave mostly on high, level or low ground?
5 homes sit above the street; 95 homes sit level with the street; 43 homes sit below the street. The street has a mixed profile of homes above, level with, and below the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.
What type of road is Lancaster Ave?
Lancaster Ave is a local road. Local roads generally serve nearby residents and connect directly to homes, providing a residential environment. Information regarding the specific speed limit and the share of stock fronting this dominant road section is not available.
Is Lancaster Ave mostly houses or apartments?
There are 153 residential properties on Lancaster Ave. The street is predominantly houses, with 100% of the residential stock classified as houses and 0% classified as apartments.
What are the major apartment developments on Lancaster Ave?
No major apartment developments are recorded on Lancaster Ave.
How many properties have sold on Lancaster Ave?
4 houses sold in the past 12 months, while 0 apartments sold. The 5-year turnover rate for houses is 14.4%, meaning 14.4% of the house stock changed ownership during the past five years. Information regarding apartment turnover is unavailable.
Is Lancaster Ave a good street to buy property on?
Lancaster Ave is well-suited for buyers looking for detached houses on a local road. The street offers a mix of homes sitting above, level with, and below the street, with 6.84% higher house prices than the suburb median. Buyers should note that 65 properties are recommended for a flood check, and 88 have no flood risk identified or not mapped.
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