OFF MARKET

114 Penang Avenue
Melrose Park SA 5039

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 161m2
Land area: 752m2
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Property Details for 114 Penang Ave, Melrose Park

114 Penang Ave, Melrose Park is a 5 bedroom, 2 bathroom House with 6 parking spaces and was built in 1955. The property has a land size of 752m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1955
Floor Size
161m2
Land Size
752m2
Local Government
Mitcham
Lot/Plan
A57/D3428

Last Listing description (November 2021)

This excitingly spacious home on Penang Avenue truly has so much to offer in both comfort and convenience.

Features:
- 5 Good size bedrooms

- 2 Bathrooms and a third toilet conveniently service this large family home
- Chef's Kitchen with stainless steel appliances and abundant cupboard
- Ducted Air conditioner for year round comfort
- 2 sheds for additional storage
- Large open plan dining & family room
- second living area plus study
- storage room next to
- Separate laundry
- Additional storage room
- Dual Driveway
- Large pergola with timber decking for family outdoor entertaining

As the little ones grow up, within the City of Mitcham you're zoned to Unley High, with easy access to Scotch, Mercedes and Concordia Colleges, Flinders University, and plenty of public transport to get them on their way.

Easy access to Castle Plaza, including Coles, Target and Soonta, with Bunnings, Petbarn and every complimentary store ready to style a new home to suit your needs, while you'll love joining the vibrant family-friendly community around Winston Avenue, with a plethora of cafes to explore, from The Middle Store and The Little Fig to Sunday trips to Beck's Bakehouse.

Standard Fixed Term Lease

Please Apply for this Property online with 1FORM . Short Listed Applicants will be Contacted to Arrange an Inspection please send your application through to rentals.plympton@ljh.com.au

Property History for 114 Penang Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$701,500
21 Jun 2021
Listed for Rent
$550/w
03 Nov 2021
  • 30 Jun 2021
    Listed for Rent - Price not available
  • 21 Jun 2021
    Sold for $701,500
  • 02 Jul 2001
    Sold for $240,000
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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 1 property listed for rent in Melrose park on OnTheHouse. According to CoreLogic's data, 40 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.