OFF MARKET

95 Penang Avenue
Melrose Park SA 5039

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 112m2
Land area: 771m2
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Property Details for 95 Penang Ave, Melrose Park

95 Penang Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1961. The property has a land size of 771m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1961
Floor Size
112m2
Land Size
771m2
Local Government
Mitcham
Lot/Plan
A87/D3428

Last Listing description (February 2015)

Architecturally designed and packed with features
This 1962 architecturally designed home features stunning gardens that flow through to a solid brick studio and rumpus room at the rear of the property. The perfect place for that elusive hobby or teenagers retreat
The property has approximately 9000 litres of rainwater plumbed into the house and garden and can be changed from mains water to rain water at the flick of a lever

Automatic irrigation makes looking after the garden a simple and time saving process
The kitchen features induction cooking and a Miele Dishwasher
This home would be the ideal site to add value with little renovation
Secure parking for two cars
Located very close to a leafy park and some great schools
The house is situated on a generous block approximately 772 m2
Electric extendable awnings provide a perfect outdoor setting for both winter and summer

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Property History for 95 Penang Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$530,000
13 Apr 2015
  • 13 Apr 2015
    Sold for $530,000
  • 17 Feb 2015
    Listed for Sale SOLD - $530,000

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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.

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