Auction Times
Sat 7 Sep | Auction Time | Agency | |
|---|---|---|---|
 | 36 Regent Street 3 2 1 Townhouse | 10:00 AM Sat 7th Sep | Ouwens Casserly |
Median Sale Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 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 | $1,000,000 | +14.5% | $580,000 | $1,290,000 | 16 |
Median Sale Price
$1M
Based on 23 recorded sales within the last 12 months
Updated on 1 Sep 2024
Suburb Growth
+14.5%
Current Median Price: $1,000,000
Previous Median Price: $855,000
Based on 50 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2024)
Price Range Segments (12 months ending Aug 2024)
Median Weekly Rent Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 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 | $495 | 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 | $590 | 0.0% | $320 | $1,000 | 10 |
Median Rent Price
$590
per week
Based on 16 recorded rent within the last 12 months
Updated on 1 Sep 2024
Rent Price Growth
+16.9%
Current Median Rent: $590
Previous Median Rent: $490
Based on 29 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,000,000
Current Median rent: $590
Based on 39 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2024)
Auction Results For Melrose Park
Houses sold in Last 12 months ends 31 Aug 2024
$1.1M
Median Sale Price
72%
Clearance Rate
5/7
Sold/Reported
$1.11M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 3 | |
Similar Suburbs to Melrose Park 5039
Based on median house sale price sold in last 12 months
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 |