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Investment Property Melrose Park, SA, 5039

Suburb Snapshot

Melrose Park is a suburb in the Mitcham Region of South Australia. Melrose Park has a population of 2,209 people and 23.30% of its occupants live in rental accommodation. The median listing price for houses is NA and this has changed NA over the past year and changed NA over 2 years.

The median rent in Melrose Park for houses is $550 per week and the median rental yield is NA. Stock on the market for houses/townhouses has changed -22.22% compared to last year and the average time to sell a house/townhouse is 38 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Melrose Park is NA per week, producing a rental yield of NA.

Supply & Demand in Melrose Park, Mitcham

0.45%

Current vacancy rate


5

Rental stock available


2,209

Population


23.30%

Rental population


0.40%

Current vacancy rate


113

Rental stock available


64,806

Population


17.93%

Rental population


0.52%

Current vacancy rate


4,602

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Melrose Park, Mitcham

  House Townhouses Units
Median listing price NA NA NA
Median price change - last quarter NA NA NA
Median price change - 1 year NA NA NA
Median price change - 2 years NA NA NA
  House Townhouses Units
Median weekly rent $550 NA NA
Median yield % NA NA NA
Median rent change - 1 year 13.40% NA NA
  House Units
Previous month sales 6 0
Stock on market previous month 7 1
Stock variance vs. last year -22.22% 100.00%
Average days on market 38 NA

Melrose Park investment property listings

Showing 1 of 1 investment properties found in Melrose Park on realestateinvestar.com.au

109 Richmond Ave, Melrose Park

$850,000

property pic

CHARMING SANDSTONE FAMILY HOME ON A GENEROUS ALLOTMENT

AUCTION ONSITE (UNLESS SOLD PRIOR) Welcome to 109 Richmond Avenue, a charming 3-bedroom, 1-bathroom home nestled in the heart of Melrose Park. Built in 1960, this residence exudes a timeless appeal and offers comfortable living spaces situated on a generous 741 square meter allotment. Upon ...

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SA 5039


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