NSW/
Melrose park

Suburb Profile

Melrose Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2114

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MELROSE PARK ranks 190th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 18.89% for the past year is higher than average compared to its 88.82% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in MELROSE PARK, the median home price is sitting at $1,605,000, and the average rent at $620, this suggests property owners could potentially earn a 2.01% increase in gross rental yield.

Property investors have seen a 6.05% gain in MELROSE PARK based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on MELROSE PARK, 2114 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 18.89%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 11.04% growth over a ten-year period. It ranks 3291st on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,605,000 N/A
GROWTH REPORT
Median Quarterly 6.05% N/A
Median 12 month 18.89% N/A
Median 3 years 58.91% N/A
Median 5 years 88.82% N/A
10 years average annual 11.04% N/A
Weekly media advert. rent $620 N/A
Time on Market 54.5 days N/A
Gross Rental Yield Percent 2.01% N/A
demographics (median values)
Total Population
2008
Weekly Household Income
1354
Household Size
2.90
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