148 Morgan Avenue, Melrose Park SA 5039

Melrose Park’s demand is driven by its inner‑south location (about 8 km to Adelaide CBD), solid public transport and local amenities, plus a tightly held stock of established homes that attracts families, renovators and downsizers. Risks include relatively low rental yields, sensitivity to interest‑rate shifts and some properties with overlays (e.g., flood/heritage), while growth opportunities lie in limited supply, renovation or subdivision upside and Adelaide’s broader market momentum. From September 3, 2025 to March 3, 2026 prices have been broadly steady to modestly rising, with median house values around the $1.0–1.1M range.