OFF MARKET

1/145 Edward Street
Melrose Park SA 5039

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 73m2
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Last updated 16 Dec 2024
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Property Details for 1/145 Edward St, Melrose Park

1/145 Edward St, Melrose Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 73m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1971
Floor Size
67m2
Land Size
73m2
Local Government
Mitcham
Lot/Plan
U1/S5953

Last Listing description (October 2019)

This Ground Floor gem is ideal for the or savvy investor. Rented at $280 per week, this one was snapped up quick with 13 tenant enquires for rent and leased within 2 weeks, this is a low maintenance unit making it very attractive to your potential tenants down the track, so you don't need to experience the property being empty. The lease commenced on the 17th Of January 2019 for 12 months and the current owner has put in new carpets, new electrics, fresh coat of paint and loads more to get the property ready for its next owner to come in and be able to set and forget. It is complimented with the rear yard with lockable gates in this small group of 6 units. It is located in the highly sought after suburb so close to the City and Beach. Many high standard facilities including transport are within a very short walking distance. Features included: - Bright and spacious living room - Freshly painted throughout- Pet Friendly Complex- Great floating timber flooring with carpets in the bedrooms- Cozy Outdoor Under cover Patio - 2 double sized bedrooms - Main with built In Wardrobe- Well positioned garden Shed - Under cover parking for 1 vehicle with sensor lights for all residents - Low maintenance lock up and leave lifestyle suited to both homeowners and investors Fast Facts- - Updated Lights, Ceiling Fans, Stove, Pergola, Roller Shutters and MORE!- New electrics, new gas hot water system - Easy access to the CBD, Adelaide's beautiful beaches, Flinders and Adelaide Universities- A stone's throw to all modes of public transport - NBN Ready- Shopping amenities such as Woolworths and Big W close by- Close to Public and Private Schools Specifications:CT / 5020/90Council / City Of MitchamZoning / R(CP) - Residential (Central Plains)Easement / NOBuilt / 1971Council Rates / $1059Strata Rates / $318 Per QuarterRental income / $280 per weekRental Agreement Date / 17/1/19 - 17/1/2020.Strata Manager / Horner ManagementSA Water / $224 Per QuarterES Levy / $83 Per AnnumAll information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the offices of Tanner real estate for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Property History for 1/145 Edward St, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$255,000
25 Oct 2019
Listed for Rent
$280/w
18 Dec 2018
  • 25 Oct 2019
    Sold for $255,000
  • 08 Dec 2018
    Listed for Rent - Price not available
  • 04 Oct 2018
    Listed for Sale $249,000 - $269,000 - NEW PRICE
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About Melrose Park 5039

The size of Melrose Park is approximately 1.3 square kilometres. It has 4 parks covering nearly 1.5% of total area. The population of Melrose Park in 2011 was 2,134 people. By 2016 the population was 2,219 showing a population growth of 4.0% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation. In 2011, 66.6% of the homes in Melrose Park were owner-occupied compared with 68.2% in 2016.

Melrose Park has 1,192 properties. Over the last 5 years, Houses in Melrose Park have seen a 79.62% increase in median value, while Units have seen a 81.30% increase. As at 30 November 2024:

  • The median value for Houses in Melrose Park is $1,057,787 while the median value for Units is $588,204.
  • Houses have a median rent of $598 while Units have a median rent of $400.
There are currently 2 properties listed for sale, and no properties listed for rent in Melrose park on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Melrose park.

Suburb Insights for Melrose Park 5039

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.