OFF MARKET

73 Penang Avenue
Melrose Park SA 5039

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 181m2
Land area: 705m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 73 Penang Ave, Melrose Park

73 Penang Ave, Melrose Park is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 705m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
2012
Floor Size
181m2
Land Size
705m2
Local Government
Mitcham
Lot/Plan
A80/D3428

Last Listing description (March 2015)

This stylish 2012 built four-bedroom home will be sure to impress, boasting multiple living areas and a low maintenance lifestyle.

Perfectly positioned in a peaceful neighbourhood within walking proximity to Castle Plaza & local schools, not far to the heart of Adelaide's CBD and just 15 minutes to Marion Shopping Centre, absolutely perfect for the growing family!


With plenty of space and on a generous allotment of 705m2, it provides that extra freedom and room the whole family can enjoy.

Features:

- A master suite boasting a his and her walk-in robe and a sparkling ensuite
- Further three bedrooms are spacious and have built in robes
- The contemporary kitchen overlooks the open plan dining and living area and offers a gas cooktop, dual sink, a walk in pantry and an abundance of storage options.
- Separate lounge room located at the front of the property
- Modern main bathroom with bathtub and separate toilet
- Separate laundry
- Undercover alfresco area perfect for entertaining family and friends
- Low maintenance allotment
- Reverse cycle air conditioning and ceiling fans throughout
- Double garage with direct access into the property and an 2nd roller door offering the opportunity to drive additional cars through to the back shed for further parking and storage options

With all the work done, this is an enticing and exciting offer for those keen to move in and enjoy!

Ct / 5633/855
Council / City of Mitcham
Zoning / R(CP)'8
Built / 2012
Land / 705m2
Frontage / 16.46m
Internal / 208m2
Council rates / $1254.00pa
Water rates / $288.82pq
Es levy / $307.65pa

Property History for 73 Penang Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$740,000
20 Mar 2015
  • 20 Mar 2015
    Sold for $740,000
  • 15 Jan 2015
    Listed for Sale $730k-$780k
  • 15 Feb 1999
    Sold for $125,000

Commute Calculator

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

Market Insights
Melrose Park Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melrose Park Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.