Melrose Park, SA 5039

Melrose Park, SA 5039

Compare Part of Mitcham

7.41 km
Distance from CBD
9 k
Population

Auction Times

Sat 25 Jan
 Auction Time Agency
130 Richmond Avenue
4 1 2 House
11:00 AM
Sat 25th Jan		 Harris Real Estate Pty Ltd
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
$437,500
 0.0% $336,000 $683,500 30
2010
$444,000
 +1.5% $380,000 $590,000 28
2011
$445,000
 +0.2% $205,000 $664,000 23
2012
$450,000
 +1.1% $125,000 $615,000 34
2013
$447,000
 -0.7% $68,000 $620,000 56
2014
$485,000
 +7.8% $327,000 $640,000 17
2015
$500,000
 +3.0% $425,000 $740,000 40
2016
$512,000
 +2.3% $400,000 $640,000 26
2017
$574,500
 +10.9% $400,000 $755,000 32
2018
$590,000
 +2.6% $475,000 $805,000 25
2019
$608,000
 +3.0% $300,000 $780,000 27
2020
$595,000
 -2.2% $470,000 $720,505 18
2021
$875,000
 +32.0% $360,000 $1,320,000 39
2022
$880,000
 +0.6% $782,000 $1,770,000 29
2023
$855,000
 -2.9% $515,000 $1,150,000 23
2024
$995,000
 +14.1% $580,000 $1,290,000 25
2025
-
 - - - -
Median Sale Price
$995K
Based on 25 recorded sales within the last 12 months
Updated on 21 Jan 2025
Suburb Growth
+14.1%
Current Median Price: $995,000
Previous Median Price: $855,000
Based on 48 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
$350
 0.0% $300 $490 21
2012
$380
 +7.9% $285 $475 24
2013
$370
 -2.7% $300 $550 25
2014
$420
 +11.9% $320 $525 12
2015
$390
 -7.7% $285 $540 34
2016
$380
 -2.6% $260 $485 34
2017
$390
 +2.6% $285 $600 32
2018
$420
 +7.1% $250 $700 21
2019
$410
 -2.4% $340 $670 22
2020
$475
 +13.7% $300 $610 22
2021
$455
 -4.4% $360 $820 25
2022
$490
 +7.1% $420 $700 21
2023
$590
 +16.9% $395 $800 12
2024
$600
 +1.7% $320 $1,000 24
2025
-
 - - - -
Median Rent Price
$600
per week
Based on 24 recorded rent within the last 12 months
Updated on 21 Jan 2025
Rent Price Growth
+3.3%
Current Median Rent: $600
Previous Median Rent: $580
Based on 35 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $995,000
Current Median rent: $600
Based on 49 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 18 Jan 2025

$1.02M

Median Sale Price

75%

Clearance Rate

6/8

Sold/Reported

$1.1M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M
(Median Price Range)		 2
$800 K - $1 M 1

Schools closest to Melrose Park, SA 5039

School name Address Type Sector Distance
Edwardstown Primary School MARIA STREETMelrose Park 5039 Primary Government 0.65 km
St Anthony's School CASTLE STEdwardstown 5039 Primary Catholic 1.55 km
Forbes Primary School THOMAS STREETSouth Plympton 5038 Primary Government 1.59 km
Clovelly Park Primary School RENOWN PLACEClovelly Park 5042 Primary Government 1.91 km
St Bernadette's School 54 RAGLESS STSt Marys 5042 Primary Catholic 2.15 km
Cabra Dominican CollegeTop 100 225 CROSS RDCumberland Park 5041 Combined Catholic 2.06 km
Pasadena High School DAWS ROADPasadena 5042 Combined Government 1.93 km
Emmaus Christian College IncorporatedTop 20 7 LYNTON AVESouth Plympton 5038 Combined Independent 1.99 km
Ascot Park Primary School PILDAPPA AVENUEPark Holme 5043 Primary Government 1.91 km
SA School for Vision Impaired DUNCAN AVENUEPark Holme 5043 Combined Government 1.91 km