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Back 48 Lancaster Street
Off Market

48 Lancaster Street

Dianella WA 6059

3
1
2
936 m²
House
Last sold for $1,500,000
Karl ButlerKarl Butler, last sold this property on 11 June 2025 after 50 days on market.

Overview

MUCH LOVED HOME & PRIME INVESTMENT OPPORTUNITY!

All offers are to be submitted by 6:00pm (WST) Monday the 12th of May 2025 and the Seller reserves the right to accept any offer prior to this date without notice. Superbly located on one of the most sought-after streets near the Inglewood border, this much-loved circa 1955 home presents a rare opportunity to secure a character property with outstanding development potential. This charming home features three bedrooms, a generous living room, a country-style kitchen with meals area, ducted evaporative air conditioning, garage, carport, a separate studio/workshop, two storage sheds, bore reticulation, beautifully established gardens, a large koi pond, and more. Positioned just a short stroll from Mount Lawley Golf Club, Inglewood Leisure Centre, parks, schools, shops, public transport and more, convenience and lifestyle are right at your doorstep. Set on a generous 936sqm R30 zoned block, with a 19.82m frontage and 47.23m depth, the possibilities here are endless - whether you choose to retain and subdivide or demolish and redevelop (subject to approval from the WA Planning Commission, local council, and relevant authorities). Whether you're an astute investor, developer, or someone looking for a home with room to grow, this exceptional opportunity won't last long. Don't Delay - this superb home and prime development site is purchased in 'AS IS' condition and is on the market to be SOLD! The following features are included: Double brick and tile construction Front verandah Separate entry with security door 3 Bedrooms 1 Bathroom with separate bath and shower Spacious living room with projector Country kitchen/meals Sunroom to rear Ducted evaporative air conditioning Solar hot water system Bore reticulation Pergola Established gardens Large koi pond Lock up garage Single carport Studio/workshop 2 Sheds Land area - 936sqm Frontage - 19.82m Zoned R30 Water rates - $1,105p.a Council rates - $2,250p.a (approx.) Built 1955 To view contact: Karl Butler 0419 046 395 Please note, although the best efforts have been taken to validate all the information provided in relation to this property and more particularly, meterage's, areas, zoning and development potential, the buyer must ensure they do their own due diligence prior to submitting an offer.

Features

3 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
936 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Dianella over the last 12 months, the estimated median property value of 48 Lancaster Street is $1.06m.

Median value
$1.06m
Estimated value range
$650k - $1.89m
Median days on market
23
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dianella. 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 48 Lancaster Street

2025
Sold
$1,500,000
11 Jun 2025 by Karl Butler, of Butler Property Group

Happy sellers in Dianella

91%
91% of sellers in Dianella reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 97 reviews in Dianella over the last 12 months.

Local market activity for 3 bedroom houses in Dianella

In the last 12 months, 124 three-bedroom houses similar to 48 Lancaster Street, have been sold.

This represents a 26% increase in three-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 Dianella

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Drew Hancock

Drew Hancock is an award winning recommended agent for Dianella.  They have 34 local sales and collected 29 local reviews across the last 12 months.

  •   5   (62 reviews)
  •  29 Reviews in Dianella
  •  34 Sales in Dianella
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Karl Butler

Sellers who recommend Karl Butler have praised them for being clear communication and local expert

  •   5   (48 reviews)
  •  23 Reviews in Dianella
  •  54 Sales in Dianella
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Daniella Sparta

Daniella Sparta is a recommended agent for Dianella.  They have 30 local sales and collected 13 local reviews across the last 12 months.

  •   5   (48 reviews)
  •  13 Reviews in Dianella
  •  30 Sales in Dianella
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Erit David

Erit David is a recommended agent for Dianella.  They have 6 local sales and collected 4 local reviews across the last 12 months.

  •   5   (215 reviews)
  •  4 Reviews in Dianella
  •  6 Sales in Dianella
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