15/1B Lemon Tree Avenue

Melrose Park NSW 2114

The size of Melrose Park is approximately 1 square kilometres. It has 7 parks covering nearly 14.5% of total area. The population of Melrose Park in 2011 was 1,471 people. By 2016 the population was 1,556 showing a population growth of 5.8% in the area during that time. The predominant age group in Melrose Park is 40-49 years. Households in Melrose Park are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation. In 2011, 81.6% of the homes in Melrose Park were owner-occupied compared with 84.4% in 2016.

Melrose Park has 1,402 properties. Over the last 5 years, Houses in Melrose Park have seen a 73.32% increase in median value, while Units have seen a -18.95% decrease. As at 31 October 2024:

• The median value for Houses in Melrose Park is $2,254,178 while the median value for Units is $784,679.
• Houses have a median rent of $850 while Units have a median rent of $700.