Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Melrose Park › Kingston Ave
$654,000
Last sold
7 Mar 2018
3
Bedrooms
1
Bathrooms
9
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$654,000
7 Mar 2018 · derived via latest_sale
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Melrose Park
-43.1%
Median sale
Suburb $1,150,000
+1.99 pp
Gross yield
Suburb 2.62%
Suburb median $1,150,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $580/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Daw ParkYou don't want to miss this beautiful home in the up and coming suburb of Melrose Park.
Fully fenced with auto electric gates, a stylish exposed aggregate stone driveway, and two carports with auto roller door as well as a double garage/workshop in the backyard: what's not to get excited about!
This home has been immaculately cared for and is beautifully presented with polished floor boards and ducted zoned reverse cycle heating and cooling throughout. If you love to entertain, the open plan kitchen/dining and lounge look out over the rear entertaining deck and the windows conveniently open with seamless service and that sense of connectedness.
The north facing yard has a well-established garden, with timed irrigation system on the garden beds and includes a herb and vegetable garden protected from the pets. The huge fully under cover alfresco gabled roof deck has been designed and built for creating those memories that last a lifetime. It's a place for all times of day and all times of the year.
The generous master bedroom has built in robes, as well as sleek blinds and curtains. The other 2 bedrooms are well appointed and bedroom two also features a built-in robe.
The lounge room is light and airy with stunning picture windows providing views to the front and rear of the home. The modern kitchen with double sink and pura tap, gas stove, dishwasher and plenty of bench space and storage has a great feel to it and keeps you in the action whilst making the coffee or preparing the meal. We love it.
The immaculate original bathroom features terrazzo flooring, a bath, shower and new vanity. It's got that terrific retro feel which is so in fashion right now. Whilst there is a separate toilet through the updated laundry.
The location of course is sensational, with local tennis courts just around corner, great schools within easy access and shopping - well there's simply too much choice. Castle Plaza is an easy walk and even quicker drive, whilst Westfield Marion and Mitcham Shopping centres are both within easy access. Not to leave out the World No. 1 Supermarket at Foodland Pasadena Green - truly a shopping experience.
Adelaide University, Flinders University and Uni SA are all under 10-15 minutes' drive, as is our international airport and our beautiful beaches at Brighton and Glenelg. Even better you're on the right side of town for a quick drive to Victor Harbor, Port Elliott and Middleton via the South Eastern Freeway on the weekend.
Walk to multiple public transport options on South Rd, Edward St or Winston Ave. See the latest movie at the Wallis Cinemas at Mitcham Square or treat yourselves to some great dining at the Edinburgh, The Torrens Arms, Stamps Restaurant or head to Goodwood Rd, King William and Unley Roads for many of their great restaurants and cafes - Little Fig and The Middle Store on Winston Ave, Bond & Lane CLG, and Caf 53 at Mitcham, four of our favourites nearby.
For school, the kids can walk to the local Edwardstown Primary School, however you are also only a short drive to the esteemed colleges of Westminster, Mercedes and Scotch College, Cabra College and so many more of Adelaide terrific private schools.
What an outstanding opportunity to acquire this superb opportunity and beautiful home, in an idyllic location and what is fast becoming one of Adelaide's hot spots. Do not miss your opportunity to secure this truly magnificent home. Contact Simon Tanner today on 0402 29 27 25.
Other features you will love:
NBN
Powered shed
Water tank
Under carport clothes line
24lt instant hot water system
Specifications: 112 Kingston Ave
CT / 5153/293
Council / City of Mitcham
Zoning / R(CP)- Residential (Central Plains)/8
Built / 1969
Floor Area/ 102m2
Land / 715m2 (Approx.)
Council Rates / $1,528 p.a.
ES Levy / $302 p.a.
S.A. Water/ 73.10 p.q.
Sewer/ $130p.q.
Listing description written by Simon Tanner, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.