Melrose Park Suburb ProfileNew South Wales 2114
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Melrose Park has 1,405 properties. Over the last 5 years, Houses in Melrose Park have seen a 62.01% increase in median value, while Units have seen a -21.63% decrease. As at 30 November 2024:
- The median value for Houses in Melrose Park is $2,236,877 while the median value for Units is $773,371.
- Houses have a median rent of $780 while Units have a median rent of $705.
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.
Market Insights
Melrose Park Trends for Houses
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Melrose Park Trends for Units
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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
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Properties for sale in MELROSE PARK 2114
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0Properties for rent in MELROSE PARK 2114
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Last Updated: 18/12/2024
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