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Melrose Park

Suburb Profile

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

house
MELROSE PARK ranks 1321st in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -16.96% for the past year is lower than average compared to its 56.39% growth within a five-year period.

Also in MELROSE PARK, the median home price is sitting at $1,395,000, and the average rent at $697.5, this suggests property owners could potentially earn a 2.6% increase in gross rental yield.

Property investors have seen a -14.94% drop in MELROSE PARK based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.94% growth over a ten-year period. It ranks 176th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,395,000 N/A
GROWTH REPORT
Median Quarterly -14.94% N/A
Median 12 month -16.96% N/A
Median 3 years 0.79% N/A
Median 5 years 56.39% N/A
10 years average annual 8.94% N/A
Weekly media advert. rent $697.5 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 2.6% N/A
demographics (median values)
Total Population
2008
Weekly Household Income
1354
Household Size
2.90
demographics
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Top 10 Birth Countries
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Household Income
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