OFF MARKET

87 Richmond Avenue
Melrose Park SA 5039

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 147m2
Land area: 715m2
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Property Details for 87 Richmond Ave, Melrose Park

87 Richmond Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1962. The property has a land size of 715m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1962
Floor Size
147m2
Land Size
715m2
Local Government
Mitcham
Lot/Plan
A43/D3428

Last Listing description (February 2020)

A wonderfully well maintained 3 bedroom home is on offer, with gorgeous street appeal and set on a large allotment of 720 sqm in the very popular suburb of Melrose Park. Nestled among the tree lined streets of this inner southern suburb is a fabulous opportunity to immerse yourself in a secure and friendly community. Near by you will find excellent cafes and shops to make your local, all your essential shopping needs are catered for at Castle Plaza only 5 minutes away, there are plenty of great schools to choose from and with the beautiful parks, playgrounds and reserves of Colonel Light Gardens, only a stones throw away, you can create a wonderful suburban lifestyle that is still only 20 minutes from the CBD. The property itself is solid brick, in excellent condition and has a lovely welcoming entrance. It provides three bedrooms, two with built in robes, beautiful timber floor boards throughout and spacious bathroom with deep set bath tub. A separate lounge provides sliding door access direct from the front of the property to provide a lovely light and a wonderful perfume from the roses in the front garden. The large eat in kitchen is functional with gas cooking and good bench and cupboard space for your convenience, and has a great outlook to the rear yard. Walking through to the generous sized laundry you will also find a separate loo.As you step outside you are met by a huge undercover pergola, perfect for entertaining all year round or a great space for the kids to play outside of the elements. The outdoor entertaining area blends into a huge lawn area and well loved garden with fruit trees and an excellent space to start your own veggie patch!A large shed is perfect for all your storage needs and you can fit at least 3 cars in the driveway!This property is an exceptional investment in a growth suburb and is ideal to extend, renovate, build (STCC) or move straight in.

Property History for 87 Richmond Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$608,000
22 Jan 2020
Listed for Rent
$420/w
26 Feb 2019
  • 22 Jan 2020
    Sold for $608,000
  • 25 Oct 2019
    Listed for Sale $600,000-$620,000
  • 11 Dec 2018
    Listed for Rent $420 / week
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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 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.