110 Morgan Avenue, Melrose Park SA 5039
110 Morgan Avenue, Melrose Park SA 5039
This 4-bedroom, 3-bathroom house with 2 car spaces is positioned in Melrose Park SA. The property is suited to family living in an established residential setting.
Market Insight:
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.