SOLD
Sold on 15 Feb 2024 for $675,000

71 Melbourne Street
North Adelaide SA 5006

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 86m2
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Property Details for 71 Melbourne St, North Adelaide

Building Type
Commercial
Land Size
86m2
Local Government
Adelaide
Lot/Plan
F11/C42858

Property History for 71 Melbourne St, North Adelaide, SA 5006

A timeline of how this property has performed in the market
Last Sold
$675,000
15 Feb 2024
  • 15 Feb 2024
    Sold for $675,000

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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of total area. The population of North Adelaide in 2011 was 6,678 people. By 2016 the population was 6,969 showing a population growth of 4.4% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation. In 2011, 49.1% of the homes in North Adelaide were owner-occupied compared with 48.8% in 2016.

North Adelaide has 4,726 properties. Over the last 5 years, Houses in North Adelaide have seen a 65.28% increase in median value, while Units have seen a 37.73% increase. As at 31 October 2024:

  • The median value for Houses in North Adelaide is $1,503,479 while the median value for Units is $728,363.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 21 properties listed for sale, and 23 properties listed for rent in North adelaide on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in North adelaide.

Suburb Insights for North Adelaide 5006

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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.