Melrose Suburb ProfileSouth Australia 5483
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Melrose has 364 properties. Over the last 5 years, Houses in Melrose have seen a 63.53% increase in median value. As at 31 October 2024:
- The median value for Houses in Melrose is $275,894 while the median value for Units is $328,599.
The size of Melrose is approximately 328.9 square kilometres. It has 2 parks covering nearly 11.1% of total area. The population of Melrose in 2011 was 406 people. By 2016 the population was 349 showing a population decline of 14.0% in the area during that time. The predominant age group in Melrose is 60-69 years. Households in Melrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melrose work in a managers occupation. In 2011, 81.5% of the homes in Melrose were owner-occupied compared with 83% in 2016.
Market Insights
Melrose Trends for Houses
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Melrose Trends for Units
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Neighbourhood Insights
Age
Population 349
0-9
17%
10-19
11%
20-29
5%
30-39
12%
40-49
9%
50-59
12%
60-69
18%
70-79
11%
80-89
7%
Household Structure
Occupancy
Recent Sales in MELROSE 5483
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Last Updated: 10/11/2024
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