3 Ferry Avenue, Melrose Park, SA 5039 sold on 16 January 2025 | OnTheHouse
SOLD
Sold on 16 Jan 2025 for $585,000

3 Ferry Avenue
Melrose Park SA 5039

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 736m2
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Property Details for 3 Ferry Ave, Melrose Park

Building Type
Commercial
Land Size
736m2
Local Government
Mitcham
Lot/Plan
A34/D3280

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

A timeline of how this property has performed in the market
Last Sold
$585,000
16 Jan 2025
  • 16 Jan 2025
    Sold for $585,000
  • 28 Nov 2019
    Sold for $550,000
  • 29 Jan 2010
    Sold for $465,500
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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 1,192 properties. Over the last 5 years, Houses in Melrose Park have seen a 94.80% increase in median value, while Units have seen a 97.81% increase. As at 31 October 2025:

  • The median value for Houses in Melrose Park is $1,160,579 while the median value for Units is $654,130.
  • Houses have a median rent of $600 while Units have a median rent of $455.
There are currently 4 properties listed for sale, and no properties listed for rent in Melrose park on OnTheHouse. According to Cotality's data, 46 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.