Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $750,000 | 0.0% | $300,000 | $1,210,000 | 28 |
| 2010 | $850,000 | +11.8% | $656,000 | $1,000,000 | 13 |
| 2011 | $808,000 | -5.2% | $485,000 | $1,050,000 | 23 |
| 2012 | $830,000 | +2.7% | $342,500 | $1,275,000 | 24 |
| 2013 | $953,000 | +12.9% | $602,250 | $4,000,000 | 31 |
| 2014 | $1,120,000 | +14.9% | $935,000 | $1,630,000 | 13 |
| 2015 | $1,450,000 | +22.8% | $1,205,000 | $2,390,000 | 11 |
| 2016 | $1,400,000 | -3.6% | $1,185,000 | $2,620,000 | 18 |
| 2017 | $1,530,000 | +8.5% | $1,025,000 | $2,840,000 | 17 |
| 2018 | $1,510,000 | -1.3% | $1,300,000 | $2,165,000 | 11 |
| 2019 | $1,450,000 | -4.1% | $895,000 | $2,400,000 | 7 |
| 2020 | $1,500,000 | +3.3% | $1,260,000 | $1,750,000 | 9 |
| 2021 | $1,900,000 | +21.1% | $1,519,000 | $3,790,000 | 21 |
| 2022 | $2,000,000 | +5.0% | $1,600,000 | $2,925,000 | 14 |
| 2023 | $2,200,000 | +9.1% | $1,650,000 | $2,880,000 | 16 |
| 2024 | $2,400,000 | +8.3% | $1,255,000 | $3,300,000 | 17 |
| 2025 | - | - | - | - | - |
Median Sale Price
$2.4M
Based on 17 recorded sales within the last 12 months
Updated on 3 Jan 2025
Suburb Growth
+8.3%
Current Median Price: $2,400,000
Previous Median Price: $2,200,000
Based on 33 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $590 | 0.0% | $380 | $720 | 14 |
| 2012 | $530 | -11.3% | $300 | $600 | 7 |
| 2013 | $600 | +11.7% | $530 | $780 | 8 |
| 2014 | $690 | +13.0% | $470 | $690 | 2 |
| 2015 | $680 | -1.5% | $430 | $1,000 | 13 |
| 2016 | $700 | +2.9% | $510 | $950 | 10 |
| 2017 | $680 | -2.9% | $450 | $1,050 | 17 |
| 2018 | $700 | +2.9% | $490 | $950 | 17 |
| 2019 | $720 | +2.8% | $410 | $1,000 | 14 |
| 2020 | $585 | -23.1% | $350 | $900 | 15 |
| 2021 | $600 | +2.5% | $350 | $1,100 | 15 |
| 2022 | $790 | +24.1% | $510 | $1,050 | 7 |
| 2023 | $825 | +4.2% | $480 | $1,200 | 13 |
| 2024 | $800 | -3.1% | $480 | $1,200 | 16 |
| 2025 | - | - | - | - | - |
Median Rent Price
$800
per week
Based on 16 recorded rent within the last 12 months
Updated on 3 Jan 2025
Rent Price Growth
-3.1%
Current Median Rent: $800
Previous Median Rent: $825
Based on 29 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.7%
Current Median Price: $2,400,000
Current Median rent: $800
Based on 33 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Melrose Park
Houses sold in Last 12 months ends 28 Dec 2024
$2.58M
Median Sale Price
73%
Clearance Rate
8/11
Sold/Reported
$2.75M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 7 | |
Similar Suburbs to Melrose Park 2114
Based on median house sale price sold in last 12 months
Schools closest to Melrose Park, NSW 2114
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| West Ryde Public SchoolTop 50 | ENDEAVOUR STWest Ryde 2114 | Primary | Government | 1.25 km |
| Ermington Public School | WINBOURNE STWest Ryde 2114 | Primary | Government | 1.36 km |
| Melrose Park Public School | WHARF RDWest Ryde 2114 | Primary | Government | 1.48 km |
| Marsden High School | WINBOURNE STWest Ryde 2114 | Secondary | Government | 1.52 km |
| St Michael's Catholic Primary School | MAXIN STREETMeadowbank 2114 | Primary | Catholic | 1.39 km |
| Italian Bilingual School | 30-32 SEE STREETLEICHHARDT 2040 | Primary | Independent | 1.58 km |
| Rydalmere East Public School | SPURWAY STErmington 2115 | Primary | Government | 1.6 km |
| Ermington West Public School | VIGNES STErmington 2115 | Primary | Government | 2 km |
| St Therese's Catholic Primary School | 448 BLAXLAND ROADDenistone 2114 | Primary | Catholic | 2.69 km |