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 2.4% and has experienced a 12-month capital growth of Up 0.0%, with a median house buy price of $2,401,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,322,500
$2,115,500
$2,100,000
$2,401,000
Suburb Market Profile
Last month Melrose Park had 21 properties available for rent and 22 properties for sale. Median property prices over the last year range from $2,401,000 for houses to $816,250 for units. If you are looking for an investment property, consider houses in Melrose Park rent out for $850 PW with an annual rental yield of 2.4% and units rent for $750 PW with a rental yield of 5.1%. Melrose Park has seen an annual compound growth rate of 0.0% for houses and 3.3% for units.
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