108 Richmond Avenue, Melrose Park, SA 5039 | Property Value & History | OnTheHouse
OFF MARKET

108 Richmond Avenue
Melrose Park SA 5039

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 690m2
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Property Details for 108 Richmond Ave, Melrose Park

108 Richmond Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 690m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1954
Floor Size
97m2
Land Size
690m2
Local Government
Mitcham
Lot/Plan
A25/D3428

Last Listing description (May 2022)

A beautifully presented family home on a large block, giving you endless opportunities for the kids to run and play!

Entering the home, you are greeted by the open plan living with polished floorboards & bar area. Kitchen is complete with Smeg cooktop/oven, dishwasher and leads out to the outdoor entertaining area and spacious rear yard.

Three bedrooms, master & 2nd bed complete with built in robe and floorboards throughout all the bedrooms. Two split system air conditioners also service the home providing year round comfort.

Other amazing features of this home include;
- Freshly polished timber flooring
- LED downlights
- Gas hot water
- Roller shutters to front windows
- Carport for at least two vehicles
- Garage/ Storage shed
- Ample yard space with entertaining area

Some of the benefits of Melrose Park is transport access to the North-South corridor and close access to Flinders University. A minutes' drive to Castle Plaza and some of the best cafs the area has to offer within walking distance on Winston Avenue.

Please note; the tenancy is initially for 6 months only.

Property History for 108 Richmond Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$880,000
09 May 2022
Listed for Rent
$650/w
08 May 2022
  • 09 May 2022
    Sold for $880,000
  • 02 May 2022
    Listed for Rent $650 / week
  • 16 Mar 2022
    Listed for Sale Contact Agent - Auction 2nd April 11am
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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 1,198 properties. Over the last 5 years, Houses in Melrose Park have seen a 94.54% increase in median value, while Units have seen a 105.82% increase. As at 31 May 2026:

  • The median value for Houses in Melrose Park is $1,334,122 while the median value for Units is $751,084.
  • Houses have a median rent of $660 while Units have a median rent of $590.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Melrose park on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Melrose park.

Suburb Insights for Melrose Park 5039

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.