Unit 1/26-28 Bennet Avenue

Melrose Park SA 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 2011 was 2,134 people. By 2016 the population was 2,219 showing a population growth of 4.0% 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 2011, 66.6% of the homes in Melrose Park were owner-occupied compared with 68.2% in 2016.

Melrose Park has 1,193 properties. Over the last 5 years, Houses in Melrose Park have seen a 69.07% increase in median value, while Units have seen a 67.26% increase. As at 31 July 2024:

• The median value for Houses in Melrose Park is $1,041,073 while the median value for Units is $545,685.
• Houses have a median rent of $600 while Units have a median rent of $400.