20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
MELROSE PARK, 2114 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $791,000.
Augmented property values in MELROSE PARK are trailing behind the NSW average of 5.32% for the past year.
Real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MELROSE PARK usually have to wait an average of 0.0 days days before their assets are lifted off the market.
MELROSE PARK ranks 317th on the list of best yielding suburbs for rental properties in NSW, posting a 3.16% return.
MELROSE PARK, 2114 places 247th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||-0.69%|
|Median 3 years||N/A||2.06%|
|Median 5 years||N/A||N/A|
|10 years average annual||N/A||-0.69%|
|Weekly media advert. rent||N/A||$480|
|Time on Market||N/A||0.0 days|
|Gross Rental Yield Percent||N/A||3.16%|