Thinking about buying in Melrose Park? Now could not be a better time, with 1290 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,362,000 with prices in this suburb ranging from $672,000 to $67,151,000. The aproximate distance to the coast is 12 Km.
Household Makeup
| Median Weekly Rent | $604.17 |
| Median Monthly Mortgage | $2894.67 |
| Median Persons Per Bedroom | 0.85 |
| Average Household Size | 3.00 |
| Average Age | 42.17 |
| Average Income | $893.33 |
| Average Cars Per Dwelling | 1.93 |
| Average Properties Within 50M | 124 |
Housing Stock
Average Property Prices
| 2 Bed $1,799,000 |
| 3 Bed $2,274,000 |
| 4 Bed $2,583,000 |
| 5 Bed $2,872,000 |
| 6 Bed+$4,201,000 |
Melrose Park Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Melrose Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Melrose Park ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. 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. High density population in Melrose Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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
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116 RICHMOND AV, MELROSE PARK, SA, 5039 |  3 |
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1100000 |
Local Schools
Melrose Park Public School
Ermington Public School
Marsden High School
Wentworth Point Public School
St Michael's Catholic Primary School
West Ryde Public School
Ermington West Public School
Rydalmere East Public School
Meadowbank Public School
Yates Avenue Public School
(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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.6 | 17.2 | 29.3 | 29.0 | 74.7 | 5.2 | 27.5 |
| Feb | 0.8 | 17.0 | 28.1 | 34.2 | 76.5 | 4.9 | 24.1 |
| Mar | 0.8 | 15.3 | 25.7 | 36.5 | 80.5 | 4.7 | 19.2 |
| Apr | 1.1 | 12.6 | 22.8 | 39.8 | 84.6 | 4.2 | 14.5 |
| May | 1.5 | 10.2 | 18.8 | 47.8 | 88.6 | 4.3 | 10.3 |
| Jun | 1.7 | 7.8 | 16.1 | 54.3 | 92.2 | 4.3 | 9.1 |
| Jul | 1.8 | 7.8 | 15.4 | 54.8 | 91.7 | 5.0 | 9.1 |
| Aug | 1.4 | 7.8 | 16.2 | 50.0 | 90.4 | 5.0 | 12.3 |
| Sept | 1.2 | 9.7 | 19.3 | 41.6 | 86.6 | 5.3 | 17.1 |
| Oct | 0.8 | 11.5 | 22.1 | 36.2 | 83.6 | 5.1 | 22.1 |
| Nov | 0.6 | 13.5 | 24.7 | 32.6 | 80.4 | 5.1 | 26.5 |
| Dec | 0.5 | 15.5 | 27.2 | 30.7 | 77.3 | 5.3 | 28.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Mitchell Park - Greater then 10KM
Beckman Street (Stop 8) - Greater then 10KM
Beckman Street (Stop 8) - Greater then 10KM
Clarence Park - Greater then 10KM
Woodlands Park - Greater then 10KM
Ascot Park - Greater then 10KM
Edwardstown - Greater then 10KM
Emerson - Greater then 10KM
Lynton - Greater then 10KM
Unley Park - Greater then 10KM
General Points of Interest
SASMEE Model Trains - Greater then 10KM
SA Aquatic & Leisure Centre - Greater then 10KM
Westfield Marion Shopping Centre - Greater then 10KM
Malvern Village - Greater then 10KM
Pioneer Women's Memorial Garden - Greater then 10KM
Plant Genomics Centre - Greater then 10KM
Trak Village Arcade - Greater then 10KM
Adelaide Badminton Centre - Greater then 10KM
Mount Osmond Golf Course - Greater then 10KM
Diving Adelaide - Greater then 10KM
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