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SA › Melrose Park › Price St

12 Price St, Melrose Park SA 5039

House

$1,090,000

Last sold

13 Dec 2025

3

Bedrooms

1

Bathrooms

4

Car spaces

680 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,090,000 (13 Dec 2025).(Recorded sale)
  • FactLand 680 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Melrose Park (last 5 years) with land size: median $1,491/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Suburban Neighbourhood (SN) under the Planning and Design Code.(Location SA · 30 Aug 2026)
  • Fact23002122 — Verandah (Unit -14) (Decision Made), lodged 27 Jan 2023.(Location SA · 27 Jan 2023) source ↗
  • Fact26019628 — Verandah (Decision Made), lodged 18 June 2026.(Location SA · 18 June 2026) source ↗
  • Fact23009232 — Verandah - Unit 3 (Decision Made), lodged 30 Mar 2023.(Location SA · 30 Mar 2023) source ↗

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Read 23002122 — Verandah (Unit -14) in full at council before relying on the development thesis. open ↗
  2. 2Read 26019628 — Verandah in full at council before relying on the development thesis. open ↗
  3. 3Read 23009232 — Verandah - Unit 3 in full at council before relying on the development thesis. open ↗
  4. 4No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,090,000

13 Dec 2025 · derived via latest_sale

Local land rate: recorded House sales in Melrose Park (last 5 years) with land size have a median of $1,491/m² of land (n=45). Districts calculation from recorded sales — not a valuation.

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.

See the full Melrose Park report →

Vs Melrose Park

-5.2%

Median sale

Suburb $1,150,000

+0.15 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 and development

Planning scheme

Planning and Design Code

Zone

Suburban Neighbourhood

SN

Jurisdiction

Mitcham

Mitcham, SA

Planning overlays

  • Data unavailable

Development activity

  • 23002122

    Verandah (Unit -14)

    Decision Made · Lodged 27 Jan 2023

    Council site report
  • 26019628

    Verandah

    Decision Made · Lodged 18 June 2026

    Council site report
  • 23009232

    Verandah - Unit 3

    Decision Made · Lodged 30 Mar 2023

    Council site report
  • 23000948

    Verandah (Unit 57)

    Decision Made · Lodged 16 Jan 2023

    Council site report
  • 22033256

    Verandah (Unit - 54)

    Decision Made · Lodged 28 Sept 2022

    Council site report
  • 22000167

    Verandah (Unit 2)

    Decision Made · Lodged 17 Jan 2022

    Council site report
  • 22000328

    Verandah (Unit 4)

    Decision Made · Lodged 10 Jan 2022

    Council site report
  • 22000171

    Verandah (Unit 43)

    Decision Made · Lodged 17 Jan 2022

    Council site report
  • 22000335

    Verandah (Unit 37)

    Decision Made · Lodged 10 Jan 2022

    Council site report
  • 24018673

    Verandah (Unit 22)

    Decision Made · Lodged 4 July 2024

    Council site report
  • 22000169

    Verandah (Unit 123)

    Decision Made · Lodged 17 Jan 2022

    Council site report
  • 24012562

    Verandah

    Decision Made · Lodged 2 May 2024

    Council site report
  • 26002394

    Carport

    Decision Made · Lodged 30 Jan 2026

    Council site report
  • 22008066

    Verandah (Unit 17)

    Decision Made · Lodged 10 Mar 2022

    Council site report
  • 23003598

    Verandah - Unit 38

    Decision Made · Lodged 9 Feb 2023

    Council site report
  • 21023739

    Verandah

    Decision Made · Lodged 20 Aug 2021

    Council site report
  • 26011453

    Centenary Carport

    Decision Made · Lodged 14 Apr 2026

    Council site report
  • 26011451

    Centenary Verandah

    Decision Made · Lodged 14 Apr 2026

    Council site report
  • 23005366

    Verandah

    Decision Made · Lodged 24 Feb 2023

    Council site report
  • 25006015

    Additions and alterations to existing dwelling including alfresco and new garage and associated swimming pool

    Decision Made · Lodged 5 Mar 2025

    Council site report
  • 26011457

    Centenary Verandah

    Decision Made · Lodged 14 Apr 2026

    Council site report
  • 23031532

    Verandah

    Decision Made · Lodged 25 Oct 2023

    Council site report
  • 23015296

    Verandah - Unit 58

    Decision Made · Lodged 25 May 2023

    Council site report

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 0809942000

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,090,00013 Dec 2025
  2. Listedprice unknowncompleted26 Nov 2025
  3. Listedprice unknowncompleted26 Nov 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Confidence: low

Zoned Suburban Neighbourhood · SN (Planning and Design Code). Official parcel area about 715 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 23 development applications on this parcel. Accepted (Decision Made); Code Assessed - Performance Assessed (Decision Made); Accepted (Decision Made) Plus 20 more on this parcel. Latest lodgement recorded 2023-01-27. These are this lot’s applications, not the neighbourhood pipeline. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned Suburban Neighbourhood · SN (Planning and Design Code). Official parcel area about 715 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 715 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Knownmedium

    23 development applications on this parcel. Accepted (Decision Made); Code Assessed - Performance Assessed (Decision Made); Accepted (Decision Made) Plus 20 more on this parcel. Latest lodgement recorded 2023-01-27. These are this lot’s applications, not the neighbourhood pipeline.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Melrose Park in one glance

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.

See the full Melrose Park report →

Keep researching

  • Why Melrose Park? Read the area thesis →
  • What else is on the market in Melrose Park →
  • Other records on Price St →

Listing material

Listed by OC

Open the Door to a Solid Fresh Start With Scope to Shape Your Future

Less than 15 minutes from the CBD sits this mostly double bricked, 3 bedroom reminder that it's hard to beat an honest 1950s home, all sitting pretty on the kind of 680sqm approx. plot that's getting harder to find by the day.

Your days will be spent in a state of spacious, light filled bliss thanks to this tastefully updated home with a sunny front living zone and partnering home office, polished timber floors, high ceilings, ultra modern central kitchen, off-street parking for a fleet, room for further expansion and a workshop/shed to top it all off. The complete package, with so much more to look forward to.

Open the Door To:

Read the full description

- Move-in-ready home on a family-conscious block with ample room for a rear extension (STPA)

- A swag of periodic updates, including a new kitchen with quality appliances, marble-look benchtops, dishwasher, deep storage and casual meals zone at its feet

- A flexible layout with multiple living zones and third bedroom/home office to its rear

- Beautifully preserved original features, including polished timber floors and high ceilings

- Updated main bathroom with shower and bathtub with the added bonus of a 2nd toilet

- Year round comfort with ducted reverse cycle air conditioning

- A lock-up carport with drive-through access to rear shed/workshop

- Beautifully presented, established gardens with wide, open rear yard

- A separate laundry and loads of storage

Close the Door On:

- Compact blocks that box you in and step onto a 680sqm approx. canvas with clear room for an extension, pool or future development (STPA).

- Dark, dated interiors and enjoy a home that already offers polished timber floors, updated finishes and generous natural light from front to back.

- One size fits all layouts and make use of a flexible floorplan with multiple living zones and a third bedroom that doubles as a home office.

Melrose Park sits in a handy pocket between South Road and Goodwood Road, giving you quick links to the CBD, the coast and the wider south. Pasadena Green is only minutes away for groceries and specialty stores, while nearby Castle Plaza covers the rest of the weekly list. Bus routes run along major corridors, schools sit close by and Clapham and Edwardstown stations open up simple train access. It is a suburb shaped by steady upgrades, wider blocks and an easy run to everywhere you need to be.

Valerie Timms | 0447 312 218

Ellie Purton | 0429 520 836

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice. Ouwens Casserly Real Estate Pty Ltd partners with third party providers including Realestate.com.au (REA) and Before You Buy Australia Pty Ltd (BYB). If you elect to use the BYB website and service, you are dealing directly with BYB. Ouwens Casserly Real Estate Pty Ltd does not receive any financial benefit from BYB in respect of the service provided. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions in respect of the service provided by BYB. Interested potential purchasers should make their own enquiries as they see fit.

RLA 275403.

Listing description written by Valerie Timms, OC — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.