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 2.9% and has experienced a 12-month capital growth of Up 4.7%, with a median house buy price of $1,101,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$870,000
$1,185,000
$1,193,000
$1,101,000
Suburb Market Profile
Last month Melrose Park had 0 properties available for rent and 6 properties for sale. Median property prices over the last year range from $1,101,000 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 2.9% and units rent for $580 PW with a rental yield of 4.2%. Melrose Park has seen an annual compound growth rate of 4.7% for houses and 2.9% for units.
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