106 Penang AvenueMelrose Park SA 5039
Property Details for 106 Penang Ave, Melrose Park
106 Penang Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 785m2 and floor size of 282m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (August 2021)
AUCTION ON THE PROPERTY SATURDAY 23RD JULY AT 11.30AM
Level allotment 17.68m x 42.68m (Area 754.6 square meters) having north facing rear aspect.
Zoning – residential central plains policy area 8 (City of Mitcham).
Existing brick dwelling of five main rooms is in uninhabitable condition. (Subject to HIA order)
Centrally located close to park, transport, schools Castle Plaza just minutes away. 15 minutes to City.
Under instruction from Australian Executor Trustees to finalise a deceased estate.
Note: The vendor's statement may be inspected at Century 21 Central, 171 Goodwood Road, Millswood SA 5034 for 3 consecutive business days immediately preceding the auction, and at the auction for 30 minutes before it starts.
RLA 274363
Property History for 106 Penang Ave, Melrose Park, SA 5039
- 22 Sep 2016Sold for $445,000
- 07 Jul 2016Listed for Sale Not Disclosed
- 12 Mar 1998Sold for $5,532
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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.
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