SOLD
Sold on 19 Apr 2024 for $385,000

6/145 Edward Street
Melrose Park SA 5039

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 73m2
Sold By
Giblin Real Estate
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Property Details for 6/145 Edward St, Melrose Park

6/145 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 63m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Melrose Park in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
63m2
Land Size
73m2
Local Government
Mitcham
Lot/Plan
U6/S5953

Last Listing description (April 2024)

Ideally positioned on the 1st floor at the rear of a small group of 6, this low maintenance 2 bedroom unit takes advantage of its elevated position, offering panoramic views from the front and back balconies.

This unit will be popular with first home buyers trying to get a foot on the property ladder and investors looking to grow their portfolio with a well presented, low fuss property, in a strong growth location.

Features

- Large living room with air-conditioner and electric heater
- 2 Bedrooms - Bed 1 has an air conditioner and built in robe
- Eat in kitchen with gas cooking, pantry cupboard and plenty of cabinetry storage
- Private rear balcony with pretty outlook toward the Adelaide Hills
- Bathroom/ laundry are neat and tidy
- 1 car park in car port at rear
- Front lawn and grounds well maintained and presented

Location

- Super convenient location close to Castle Plaza and all the shops and businesses South Rd has to offer
- Located only 8 kms from the CBD and great beaches
- Walking distance to Edwardstown Primary School, Child Care and Medical Centre.
- Big W and Woolworths at Cumberland Park is a popular shopping option close by
- Close to popular cafes on Winston Avenue
- Transport is easy with multiple bus routes close to the unit group for great convenience

Specifications:

Built 1971
Council / City of Mitcham
Zoning / Suburban Neighbourhood
Strata / Admin $420 pq
Strata / Sinking $40 pq
Council Rates / $1295 pa

Rental appraisal available upon request
Offer form downloadable at https://giblinre.com.au/wp-content/uploads/2022/02/OFFER-FORM.pdf

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.

Property History for 6/145 Edward St, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$385,000
19 Apr 2024
Listed for Rent
$280/w
14 Mar 2018
  • 19 Apr 2024
    Sold for $385,000
  • 07 Feb 2024
    Listed for Sale Contact agent
  • 22 Feb 2018
    Listed for Rent - Price not available
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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 1,186 properties. Over the last 5 years, Houses in Melrose Park have seen a 85.10% increase in median value, while Units have seen a 75.91% increase. As at 31 October 2024:

  • The median value for Houses in Melrose Park is $1,081,456 while the median value for Units is $577,253.
  • Houses have a median rent of $580 while Units have a median rent of $400.
There are currently 3 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.