OFF MARKET

1/3 Melton Street
Somerton Park SA 5044

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 123m2
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Last updated 11 Nov 2024
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Property Details for 1/3 Melton St, Somerton Park

1/3 Melton St, Somerton Park is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1968. The property has a land size of 123m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1968
Floor Size
76m2
Land Size
123m2
Local Government
Holdfast Bay
Lot/Plan
U1/S11007

Last Listing description (July 2016)

Everything only 5 minutes away - Jetty Road shopping, the tram, beautiful Glenelg beach, Holdfast Shores and major shopping centre.
This delightful single storey unit would suit the first home buyer or the astute investor. Currently rented to excellent tenants it is located at the end of the group and enjoys prime position with a spacious side area.
The unit comprises of an excellent light and bright lounge room with polished floorboards and split system reverse cycle air-conditioner, kitchen/meals with feature timber cupboards, 2 excellent bedrooms - main with built-in robe, functional bathroom with w.c., separate laundry, rear courtyard and own carport.

An outstanding opportunity to acquire a splendid property close to everything to enjoy a low maintenance lifestyle

Property History for 1/3 Melton St, Somerton Park, SA 5044

A timeline of how this property has performed in the market
Last Sold
$325,000
11 Jan 2016
Listed for Rent
$300/w
01 Feb 2013
  • 11 Jan 2016
    Sold for $325,000
  • 04 Nov 2015
    Listed for Sale $315,000 - $335,000
  • 23 Jan 2013
    Listed for Rent - Price not available
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About Somerton Park 5044

The size of Somerton Park is approximately 2.3 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Somerton Park in 2011 was 5,387 people. By 2016 the population was 5,544 showing a population growth of 2.9% in the area during that time. The predominant age group in Somerton Park is 50-59 years. Households in Somerton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerton Park work in a professional occupation. In 2011, 65% of the homes in Somerton Park were owner-occupied compared with 68.3% in 2016.

Somerton Park has 2,993 properties. Over the last 5 years, Houses in Somerton Park have seen a 88.32% increase in median value, while Units have seen a 83.61% increase. As at 31 October 2024:

  • The median value for Houses in Somerton Park is $1,744,668 while the median value for Units is $708,781.
  • Houses have a median rent of $690 while Units have a median rent of $500.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Somerton park on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Somerton park.

Suburb Insights for Somerton Park 5044

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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.