Melrose Park Suburb Profile
New South Wales 2114

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Melrose Park has 1,400 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.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Melrose park on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Melrose park.

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.

Suburb Insights for MELROSE PARK 2114

Market Insights
Melrose Park Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Melrose Park Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 1,556

0-9

 

14%

10-19

 

15%

20-29

 

8%

30-39

 

12%

40-49

 

16%

50-59

 

14%

60-69

 

11%

70-79

 

6%

80-89

 

2%

Household Structure
Occupancy

Recent Sales in MELROSE PARK 2114

Properties for sale in MELROSE PARK 2114

Properties for rent in MELROSE PARK 2114

CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Last Updated: 18/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

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