Back 5/46 Upper Lancaster Rd
Off Market

5/46 Upper Lancaster Rd

Ascot QLD 4007

2
2
1
Apartment
Last sold for $902,000

Overview

The Space You Want. The Address You Desire. Panoramic Views Included.

Perched on Upper Lancaster Road in prestigious Ascot, this oversized two-bedroom apartment offers a captivating outlook over the suburb's leafy surrounds. Set within a boutique complex of just six residences, its top-floor position, shared with only one other residence, enhances the sense of privacy and exclusivity. Elevated above the street, the home is flooded with natural light, while an east-facing balcony invites you to enjoy your morning coffee with panoramic views stretching over Ascot. Held by the same family since it was built in 1978 and passed through three generations, this home carries a rare sense of history, care, and pride of ownership that's felt the moment you step inside. Inside, the floor plan spans approximately 100 sqm, delivering house-like proportions rarely found in a two-bedroom unit. The bright open-plan living and dining area flows seamlessly to the balcony, creating an inviting indoor-outdoor connection. The kitchen and bathrooms have been updated, offering immediate comfort and style, while still allowing scope to further elevate and personalise if desired. Both bedrooms are generously proportioned and feature built-in robes, with the master enjoying the privacy of its own ensuite. A second updated bathroom, paired with a separate toilet, adds everyday convenience. Positioned just a short stroll from Oriel Park and its charming local cafes and shops, this address offers a coveted blend of lifestyle and convenience. Ascot's famed Racecourse Road dining precinct is only minutes away, as are reputable schools and public transport, ensuring everything you need is within easy reach. Yet despite all these amenities close by, the street's elevation and exclusivity provide a tranquil retreat from the bustle below. This is low-maintenance living without compromise, ideal for first-home buyers, downsizers, or investors seeking blue-chip value with space, light, and long-term upside. This property is being sold by auction and therefore a price guide cannot be provided. Any price displayed by the website is for functionality purposes only and is not an indication of value. All information provided has been sourced from both internal and external channels and is believed to be accurate; however, we cannot guarantee its completeness and take no responsibility for any errors or omissions. Buyers are encouraged to conduct their own due diligence. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Ascot over the last 12 months, the estimated median property value of 5/46 Upper Lancaster Rd is $875k.

Median value
$875k
Estimated value range
$675k - $1.2m
Median days on market
14
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ascot. 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 5/46 Upper Lancaster Rd

2026
Rented
Undisclosed
Leased on 12 Jan 2026 by LJ Hooker Aspley/Chermside
2025
Rented
Undisclosed
Leased on 04 Dec 2025 by LJ Hooker Aspley/Chermside
2025
Sold
$902,000
Auction Sale on 16 Aug 2025

Happy sellers in Ascot

79%
79% of sellers in Ascot reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 20 reviews in Ascot over the last 12 months.

Local market activity for 2 bedroom apartments in Ascot

In the last 12 months, 39 two-bedroom apartments similar to 5/46 Upper Lancaster Rd, have been sold.

This represents a 48% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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