MELROSE PARK 2114
State: NSWPosiProp AI Investment Summary
MELROSE PARK (NSW 2114) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.1% and has experienced a 12-month capital growth of Up 0.1%, with a median house buy price of $2,403,200. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,820,000
$2,272,500
$2,100,000
$2,403,200
Suburb Market Profile
Last month Melrose Park had 17 properties available for rent and 19 properties for sale. Median property prices over the last year range from $2,403,200 for houses to $800,000 for units. If you are looking for an investment property, consider houses in Melrose Park rent out for $870 PW with an annual rental yield of 2.1% and units rent for $740 PW with a rental yield of 4.7%. Melrose Park has seen an annual compound growth rate of 0.1% for houses and 0.6% for units.