116 Richmond AvenueMelrose Park SA 5039
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Comfortable Living in the Heart of Melrose Park
Property Details for 116 Richmond Ave, Melrose Park
116 Richmond Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for rent with LJ Hooker St Peters.
About Melrose Park 5039
The size of Melrose Park is approximately 1.3 square kilometres. There are 4 parks, covering nearly 1.5% of the total area. The population of Melrose Park in 2016 was 2211 people. By 2021 the population was 2319 showing a population growth of 4.9% 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 2021, 66.00% of the homes in Melrose Park were owner-occupied compared with 68.20% in 2016.
Melrose Park has 1,202 properties. Over the last 5 years, Houses in Melrose Park have seen a 79.50% increase in median value, while Units have seen a 90.83% increase. As at 30 September 2026:
- The median value for Houses in Melrose Park is $1,335,514 while the median value for Units is $710,030.
- Houses have a median rent of $675 while Units have a median rent of $580.
Suburb Insights for Melrose Park 5039
Market Insights
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Neighbourhood Insights
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