MELROSE PARK 5039
State: SAPosiProp AI Investment Summary
MELROSE PARK (SA 5039) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.7% and has experienced a 12-month capital growth of Up 7.9%, with a median house buy price of $1,090,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$923,750
$1,189,500
$1,065,500
$1,090,000
Suburb Market Profile
Last month Melrose Park had 7 properties available for rent and 7 properties for sale. Median property prices over the last year range from $1,090,000 for houses to $700,000 for units. If you are looking for an investment property, consider houses in Melrose Park rent out for $650 PW with an annual rental yield of 2.7% and units rent for $550 PW with a rental yield of 3.8%. Melrose Park has seen an annual compound growth rate of 7.9% for houses and 20.7% for units.