OFF MARKET

118 Richmond Avenue
Melrose Park SA 5039

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 747m2
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Property Details for 118 Richmond Ave, Melrose Park

118 Richmond Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1956. The property has a land size of 747m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
House
Year Built
1956
Floor Size
109m2
Land Size
747m2
Local Government
Mitcham
Lot/Plan
A20/D3428

Last Listing description (April 2011)

SOLD - Another Happy VENNdor.
This solid brick home is situated in an excellent residential location, in a tree-lined street close to all conceivable facilities.

118 Richmond is nestled on 754 sq m of peaceful grounds.

The back garden is north facing, fully fenced and secure with a large lawned area, near-new rainwater tanks and even a veggie patch. With the large cubby house, shaded sandpit and air-conditioned office/games/teenage retreat, this is a child's dream play area.

This area has been used as an office and offers network cabling all around. There is a security system for the home and office.

The home is very neat and tidy with both an updated kitchen and bathroom and beautiful polished timber floors.

The light-filled open plan living features a fireplace and there is ducted heating and cooling throughout and three bedrooms in total.

Plenty of off-street parking is available including a carport with a remote operated roller door plus the garage.

Move in and start living. There is still some scope to improve further and add extra value plus room to build on in the future.
Additional feature/s - South Aspect; Fully Fenced; Public Transport: Close by.

Property History for 118 Richmond Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$485,000
29 Apr 2011
  • 29 Apr 2011
    Sold for $485,000
  • 12 Mar 2011
    Listed for Sale $460,000 - $495,000
  • 09 Feb 2004
    Sold for $266,000
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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.