93 Penang AvenueMelrose Park SA 5039
Property Details for 93 Penang Ave, Melrose Park
93 Penang Ave, Melrose Park is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 731m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last transferred in June 2019.
Last Listing description (January 2016)
This is a rare and exciting opportunity to purchase a spacious block ripe with potential in the convenient suburb of Melrose Park. The home has been in the same family for over 50 years and is now being offered for purchase for the first time in its history.
Sitting pretty on a wide tree-lined street - this is simply all about the location! Your next door neighbour is a sprawling park and reserve with playground and tennis courts, just perfect for a family! Edwardstown Primary School is just around the corner, as well as Castle Plaza for all of your shopping needs.
The house itself is well-established with four bedrooms, spacious lounge and big garage with adjoining carport. Under the carpets are stunning jarrah floors, accentuating some of the huge potential for renovators to make this a family home for the future. New sewer and stormwater piping have all been installed within the last 12 months.
- Fantastic potential to renovate and extend
- Beautiful location next to the park
- Separate toilet
- Garden shed
- Ceiling fan and split system in master bedroom
Don't miss this incredible opportunity to secure a family home overflowing with potential!
Specifications:
CT / 5113/949
Council / City of Mitcham
Zoning / R(CP)'8
Built / 1957
Land / 731m2
Internal / 126m2
Frontage / 17.68m
Property History for 93 Penang Ave, Melrose Park, SA 5039
- 27 Jun 2019Transferred
- 11 Jan 2016Sold for $480,000
- 24 Nov 2015Listed for Sale $450K
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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.
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