86 Penang Avenue, Melrose Park, SA 5039 | Property Value & History | OnTheHouse
OFF MARKET

86 Penang Avenue
Melrose Park SA 5039

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 680m2
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Property Details for 86 Penang Ave, Melrose Park

86 Penang Ave, Melrose Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 680m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1955
Floor Size
115m2
Land Size
680m2
Local Government
Mitcham
Lot/Plan
A71/D3428

Last Listing description (January 2023)

If you're looking for solid foundations upon which to build your next project or next chapter of living, this picture perfect three-bedroom 1950s home on approx. 702m2 allows plenty of room for your imagination to run wild.

A well-sized front yard, double brick construction and charming faade sit comfortably among similar homes on Penang Avenue in the heart of up-and-coming and family friendly Melrose Park.

Stepping into the entry, take in 2.7m ceilings and a generous lounge to your left over timber floors. Enjoy easy flow to the combined kitchen dining, defined by timber cabinetry and slate floors.

Meanwhile down the hall, you've three well-sized bedrooms with built-in robes and a bright, well-maintained bathroom with bath, with the toilet accessed via the laundry.

Outdoors, a generous verandah, shade and carport, pergola and further shady areas come together to create an all-seasons outdoor space, with a large garage/shed and attached rumpus creating extra flexibility and storage, studio or workshop possibilities.

If you're looking to the future, that favourable north-facing orientation offers plenty of room for an idyllic extension, or an extensive modern outdoor entertaining area.

Whether you settle in and relax or get busy making your mark on this established home, the potential is pouring out of Penang Avenue.

You're a short drive to the convenience of Target and Coles at Castle Plaza Shopping Centre, Bunnings Edwardstown, Big W Cumberland Park and even Pasadena Foodland, while strolling distance from the best of the Melrose Park community, including Beck's Bakehouse, The Little Fig and The Middle Store.

More features to love:

- A/C plus ceiling fans
- Carport and further off-street parking
- Subdividable STCC with approx. 16.45m frontage
- Large lined and powered shed
- Dual module rainwater tank
- Irrigation to front and rear
- Zoned to Unley High, walking distance to Edwardstown Primary and within the catchment area for Cumberland Preschool Kindergarten Inc.
- Easy access to public transport along Winston Avenue and Goodwood Road
- Just 5km to the Adelaide CBD

Land Size: 702sqm
Frontage: 16.45m
Year Built: 1955
Title: Torrens
Council: City of Mitcham
Council Rates: $1,559.50PA
SA Water: $186.48PQ
ES Levy: $365PA

Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.

Property History for 86 Penang Ave, Melrose Park, SA 5039

A timeline of how this property has performed in the market
Last Sold
$807,500
10 Feb 2023
  • 10 Feb 2023
    Sold for $807,500
  • 30 Nov 2022
    Listed for Sale UNDER CONTRACT
  • 17 Feb 2010
    Transferred
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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.
There are currently 3 properties listed for sale, and 1 property listed for rent in Melrose park on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Melrose park.

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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.