OFF MARKET

124 Richmond Avenue
Melrose Park SA 5039

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 225m2
Land area: 750m2
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Property Details for 124 Richmond Ave, Melrose Park

124 Richmond Ave, Melrose Park is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1952. The property has a land size of 750m2 and floor size of 225m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1952
Floor Size
225m2
Land Size
750m2
Local Government
Mitcham
Lot/Plan
A17/D3428

Last Listing description (February 2020)

For one lucky buyer, this is the opportunity to secure your entry into Melrose Park, to buy that first home, that next investment, that place you can do up and make your own and in a location that is hard to beat.

Melrose Park has stepped into the limelight for its proximity to the CBD and Adelaide International Airport, Flinders University and Hospitals and of course our beautiful beaches. All are within a 10-15 minute drive, whilst the local primary school, public tennis courts, Castle Plaza shopping Centre , Allcare Medical Centre and great local cafs are within a short walk.


This very large and versatile home was built back in 1952 and is situated on 754m2 with a north facing back yard show casing the concrete inground pool. The kids will love the summers splashing around in the pool with their friends and having been in one family for over 40 years this is literally a once in a lifetime opportunity.

A solid home that offers so much but also gives you numerous options. With a little bit of elbow grease (polish the floors boards, paint the walls and update the bathroom and kitchen), you could live in the property as is'. Alternatively, phone a friend or two and do the whole renovation that brings this home into the 21st century. What an opportunity! Of course, there's also the land: 754m with that all-important northern orientation. Seize the day to build your dream home in a location that is fast becoming one of Adelaide's most sought after suburbs.

Downstairs you'll find the huge lounge overlooking the front garden. Don't look too closely but the wall paper is ready to come down, and the floorboards are Jarrah under those carpets so call your painter and floor polisher and get ready to transform this place.

The master bedroom with built in robes and nsuite is just off the hall, whilst the main bathroom, separate toilet, central kitchen and laundry are all down here as well. Off the kitchen is the formal dining room and family room, with under stair storage/wine storage, overlooking and opening out to the totally private hedged gardens and inground pool, complete with in season walnut tree and pretty fishpond. A second bedroom with its own external entry comes off the lounge. Whilst upstairs, there are three further bedrooms and one with a great size walk in robe.

A carport, with roller door and powered garage take care of parking, whilst a separate fully lined studio provides versatility for a home office, gym or teenage retreat.
Public transport is located within easy reach and shopping's a breeze at nearby Castle Plaza, Pasadena Fresh and Mitcham Square. There's also the quaint village style shops and services along Winston Avenue and the home has the benefit of being walking distance to Edwardstown Primary School and local tennis courts just around the corner.

You're going to have to be quick. With the north facing backyard, room for renovations, possibility of an extension or to build a new home (STCC) in the ever popular Melrose Park suburb, this place won't hang around long.
Call Simon and Bec, from the Team at Tanner today to find out how you can make this home yours: 0402 29 27 25.

CT / 5688/184
Council / Mitcham
Zoning / R(Central Plains) Policy Area 8
Built / 1957
Land / 754sqm (Approx.)
Council Rates / $1,712.20 p.a.
ES Levy / $110.30 p.a.
S.A. Water / $75.40 p.q.
Sewer / $138.62 p.q.

All 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 124 Richmond Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$616,000
30 Mar 2020
  • 30 Mar 2020
    Sold for $616,000
  • 06 Feb 2020
    Listed for Sale Auction - USP

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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 1,181 properties. Over the last 5 years, Houses in Melrose Park have seen a 73.83% increase in median value, while Units have seen a 69.82% increase. As at 30 September 2024:

  • The median value for Houses in Melrose Park is $1,070,122 while the median value for Units is $562,706.
  • Houses have a median rent of $585 while Units have a median rent of $400.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Melrose park on OnTheHouse. According to CoreLogic's data, 41 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.