RateMyAgentGo to search
Back 157 Melville Terrace
Off Market

157 Melville Terrace

Manly QLD 4179

5
3
4
1012 m²
House
Last sold for $2,750,000
Zoe O'ConnorZoe O'Connor, last sold this property on 13 March 2026 after 19 days on market.

Overview

Mortgagee in Possession - 1,012sqm Block with Views!

Mortgagee In Possession - Will be sold at auction! An extraordinary chance to secure one of the last remaining large landholdings in Manly Village, offered for auction with a clear instructions, the property must be sold! Opportunities of this scale in Brisbane's tightly held bayside precincts are increasingly rare. Spanning two lots totalling 1,012sqm, there is significant value in the land although the house itself is large, very liveable and presents outstanding opportunity to live in, land bank, secure a holding income while development is progressed, or a multitude of other options. Possessing the ideal combination of size, zoning, and location, large blocks with so much potential within walking distance of the Village, the waterfront, and quality schooling are now almost impossible to replace, making this a standout opportunity for owner-occupiers, developers, and long-term landbankers alike. The existing three level residence is privately positioned behind established gardens and offers generous accommodation for families. The upper level captures glimpses of the bay and islands, while the home also features a large, private inground pool and exceptionally large sheds, a rare and highly practical inclusion in this location. The property is immediately liveable, with clear scope to renovate, reimagine, or redevelop. Zoned Low-Medium Density Residential (LMR2), the site provides multiple future pathways, including the potential for multiple dwellings (STCA), while retaining the flexibility to enjoy the home as-is. Positioned within the Manly State School catchment, and moments from some of the Bayside's most loved lifestyle hubs, including Manly Harbour Village, Royal Queensland Yacht Squadron, waterfront walking tracks, cafés and restaurants, this address combines everyday convenience with long-term capital appeal. Key Highlights: + 1,012sqm across two lots - one of Manly's last remaining large parcels + Premium bayside location within Manly Village + Manly State School catchment + Prestigious private schools close by include; Moreton Bay Boys College, Moreton Bay College, St John Vianney's, Iona College + LMR2 zoning with future development potential (STCA) + Liveable home with renovation or redevelopment upside + 3 large sheds This is a rare convergence of land size, lifestyle, and future potential in one of Brisbane's most desirable bayside suburbs. The Mortgagee has set a sale date of Saturday 14th March with the auction to take place on-site at 2:30pm. All pre-auction offers are to be made in writing on auction terms for submission to the Mortgagee but if not sold, it will be sold on the day. Contact marketing agents Zoe O'Connor on 0413 832 418 or Brandon Wortley on 0447 269 591 for further information. **This property is being sold by auction or without a price, and therefore, no price guide can be provided. The website may have filtered the property into a price bracket for functionality purposes.

Features

5 bedrooms
3 bathrooms
4 carspaces
4 garage spaces
1012 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Manly over the last 12 months, the estimated median property value of 157 Melville Terrace is $2.51m.

Median value
$2.51m
Estimated value range
$1.43m - $5.2m
Median days on market
36
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Manly. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 157 Melville Terrace

2026
Sold
$2,750,000
13 Mar 2026 by Zoe O'Connor, of Ray White Bulimba
2023
Sold
$2,400,000
22 Nov 2023 by Travis Gill, of RE/MAX Advantage

Happy sellers in Manly

80%
80% of sellers in Manly reported that their sale price either exceeded or met their price expectations.

Manly stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Manly over the last 12 months.

Local market activity for 5 bedroom houses in Manly

In the last 12 months, 14 five-bedroom houses similar to 157 Melville Terrace, have been sold.

This represents a 25% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Manly

placeholder
Alec McEwan

Sellers who recommend Alec McEwan have praised them for being clear communication, local expert, supportive, reliable, great negotiation, hard-working and friendly

  •   5   (78 reviews)
  •  15 Reviews in Manly
  •  11 Sales in Manly
View profile
placeholder
David Lazarus

Sellers who recommend David Lazarus have praised them for being clear communication, local expert, responsive, friendly, supportive, great negotiation and easy to work with

  •   4.9   (426 reviews)
  •  11 Reviews in Manly
  •  11 Sales in Manly
View profile
placeholder
Liza Martinez

Sellers who recommend Liza Martinez have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and reliable

  •   4.9   (357 reviews)
  •  5 Reviews in Manly
  •  2 Sales in Manly
View profile
placeholder
Scott Kelleher

Scott Kelleher is a recommended agent for Manly.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (45 reviews)
  •  2 Reviews in Manly
  •  3 Sales in Manly
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap