3 Ferry AvenueMelrose Park SA 5039
Property Details for 3 Ferry Ave, Melrose Park
Last Listing description (December 2009)
Under instructions from the Guardianship Board.
The property is located within the City of Mitcham and zoned Industry / Commerce (Melrose Park), making this a great opportunity to start-up, relocate or expand your business venture.
The land dimensions are 16m frontage with a depth of 46m giving you 736 square meters of land to work with (all dimensions are approximate).
Currently the improvements on the property include a 3 bedroom dwelling and a good sized deli shop front. The dwelling is dated and needs renovating from top to bottom to bring it back to its former glory or demolish and start again with your own plans (subject to council consent)
An opportunity like this only comes along once in a life time, act now or you will miss out on this property.
Property History for 3 Ferry Ave, Melrose Park, SA 5039
- 16 Jan 2025Sold for $585,000
- 28 Nov 2019Sold for $550,000
- 29 Jan 2010Sold for $465,500
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 1,195 properties. Over the last 5 years, Houses in Melrose Park have seen a 98.61% increase in median value, while Units have seen a 103.32% increase. As at 31 March 2026:
- The median value for Houses in Melrose Park is $1,310,145 while the median value for Units is $718,414.
- Houses have a median rent of $650 while Units have a median rent of $565.
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