1/985 South RoadMelrose Park SA 5039
Property Details for 1/985 South Rd, Melrose Park
Last Listing description (September 2020)
Unit 3, 985 South Road, Melrose Park has prominent main road exposure to over 45,000 vehicles daily*
Key features
- Exhaust
- Currently Licensed
- 158 sq. metres (approx.)
- On-site car parking for staff and customers
- Ducted & split system Air Conditioning
- Negotiable Lease terms.
For more information or to arrange an inspection, contact Rom or Nick below.
Property History for 1/985 South Rd, Melrose Park, SA 5039
- 22 Jan 2025Sold for $3,725,000
- 11 Oct 2019Listed for Rent - Price not available
- 24 Sep 2009Transferred
Recent sales nearby
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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 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 1,194 properties. Over the last 5 years, Houses in Melrose Park have seen a 92.07% increase in median value, while Units have seen a 102.27% increase. As at 31 January 2026:
- The median value for Houses in Melrose Park is $1,219,833 while the median value for Units is $678,751.
- Houses have a median rent of $630 while Units have a median rent of $455.
Suburb Insights for Melrose Park 5039
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