OFF MARKET

84 Penang Avenue
Melrose Park SA 5039

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 698m2
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Property Details for 84 Penang Ave, Melrose Park

84 Penang Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1953. The property has a land size of 698m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1953
Floor Size
112m2
Land Size
698m2
Local Government
Mitcham
Lot/Plan
A72/D3428

Last Listing description (March 2022)

***Please be advised that due to the high volume of enquiry we are currently receiving for each of our listings you will need to inspect the property personally before we can proceed with processing your application. This includes all parties who intend to live at the property.

Applications will not be processed until you have viewed the property.


We apologise for any inconvenience.***

This low maintenance home with big back yard and large shed is sure to go quickly!

The lucky new occupant will enjoy;
-3 spacious bedrooms
-Built in robes
-Full size bathroom
-Large kitchen and dining area
-Separate lounge room
-Laundry with external access
-Undercover entertaining area
-Large secure rear shed
-Low maintenance big back yard
-Secure carport for 1 car
-Walking distance to local schools, shops and public transport
-Pets negotiable

This is an opportunity not to be missed!

Click 'Book Inspection Time' to make a time to view the property.

**Tenant responsible for water supply and usage**

**AC currently works but does not form part of the tenancy**

Property History for 84 Penang Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$807,000
15 Oct 2021
Listed for Rent
$430/w
22 Feb 2022
  • 14 Feb 2022
    Listed for Rent $430 / week
  • 15 Oct 2021
    Sold for $807,000

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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.