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Melrose Park
SA, 5039 - Mitcham

Thinking about buying in Melrose Park? Now could not be a better time, with 1636 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $903,000 with prices in this suburb ranging from $328,000 to $2,423,000. Melrose Park is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $327.50
Median Monthly Mortgage $1729.50
Median Persons Per Bedroom 0.85
Average Household Size 2.50
Average Age 34.50
Average Income $774.50
Average Cars Per Dwelling 1.63
Average Properties Within 50M 15

Housing Stock

Average Property Prices

2 Bed  $676,000
3 Bed  $1,009,000
4 Bed  $1,158,000
5 Bed  $1,423,000
6 Bed+$1,705,000

Melrose Park Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Melrose Park due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Melrose Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Melrose Park necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Melrose Park

Century 21 UNIT 111, 2E WHARF RD, MELROSE PARK, NSW, 2114 Beds2 Bathrooms2 Parking 1 $785,000 TO $800,000
Ray White UNIT 206, 2D WHARF RD, MELROSE PARK, NSW, 2114 Beds2 Bathrooms2 Parking 1 780000

Local Schools

Edwardstown Primary School

Springbank Secondary College

St Therese Primary School

St Anthony's School

Clovelly Park Primary School

Colonel Light Gardens Primary School

St Bernadette's School

Cabra Dominican College

Westbourne Park Primary School

Hamilton Secondary College

(While the above schools are located with the suburb of Melrose Park there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Melrose Park weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.520.327.652.485.5023.2
Feb4.320.127.054.286.5019.6
Mar6.518.925.954.587.3015.9
Apr5.915.323.551.489.0013.9
May2.612.321.247.584.4011.4
Jun4.610.318.550.385.409.1
Jul2.69.018.243.782.1010.4
Aug2.69.719.739.480.2013.1
Sept1.412.522.437.080.2017.8
Oct2.215.023.742.782.8021.1
Nov3.417.125.349.285.2023.4
Dec2.118.726.449.284.8024.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

02-02-2024 $3,991,000 150 LANCASTER AVE
21-12-2023 $2,000,000 138 LANCASTER AVE
21-12-2023 $2,035,000 109 COBHAM AVE
19-12-2023 $1,650,000 27 WHARF RD
06-12-2023 $2,880,000 7 COBHAM AVE
22-11-2023 $2,940,000 27 COBHAM AVE
14-11-2023 $2,268,000 7 TAYLOR AVE
06-11-2023 $2,230,000 137 COBHAM AVE
01-11-2023 $2,040,000 123 LANCASTER AVE
03-10-2023 $2,450,000 4 JOHNSON AVE
25-09-2023 $2,150,000 8 ANDREW ST
23-06-2023 $172,365,434 1218 VICTORIA RD
23-06-2023 $36,259,778 82 WHARF RD
23-06-2023 $172,365,434 1218 VICTORIA RD
23-06-2023 $36,259,778 82 WHARF RD
02-06-2023 $2,000,000 74 COBHAM AVE
04-05-2023 $2,660,000 8 COBHAM AVE
17-03-2023 $2,200,000 95 WHARF RD
16-03-2023 $2,350,000 65 LANCASTER AVE
06-03-2023 $1,700,000 126 COBHAM AVE
23-01-2023 $1,736,000 153 WHARF RD
11-01-2023 $2,925,000 67 LANCASTER AVE
20-12-2022 $2,107,000 136 LANCASTER AVE
16-12-2022 $1,600,000 155 WHARF RD
31-10-2022 $2,000,000 6 JAMES ST
21-10-2022 $5,000,000 1206 VICTORIA RD
11-10-2022 $1,770,000 33 WHARF RD
28-09-2022 $2,905,000 9 JOHNSON AVE
06-09-2022 $1,750,000 111 WHARF RD
02-09-2022 $2,390,000 20 JAMES ST
30-08-2022 $1,725,000 17 MACINTOSH ST
28-07-2022 $1,758,888 71 WHARF RD
11-07-2022 $2,350,000 13 MACINTOSH ST
31-05-2022 $2,610,000 18 MACINTOSH ST
06-05-2022 $1,335,000 31 COBHAM AVE
31-03-2022 $3,790,000 154 LANCASTER AVE
18-03-2022 $2,250,000 19 CROWLEY CRES
09-03-2022 $1,515,000 1 / 39 WHARF RD
17-02-2022 $700,000 39 COBHAM AVE
24-01-2022 $1,840,000 107 COBHAM AVE
29-11-2021 $2,000,000 48 COBHAM AVE
22-11-2021 $2,499,000 62 LANCASTER AVE
01-11-2021 $2,030,000 36 LANCASTER AVE
18-10-2021 $2,000,000 2 TAYLOR AVE
18-10-2021 $2,775,000 12 CROWLEY CRES
18-10-2021 $2,000,000 2 TAYLOR AVE
18-10-2021 $2,775,000 12 CROWLEY CRES
17-09-2021 $1,610,000 53 WHARF RD
13-09-2021 $1,770,000 14 COBHAM AVE
10-08-2021 $2,200,000 69 LANCASTER AVE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Daw ParkEdwardstownClarence GardensColonel Light GardensClovelly ParkCumberland ParkAscot ParkSt MarysSouth PlymptonWestbourne Park

Public Transport


General Points of Interest

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