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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 $900,000 and this has changed NA over the past year and changed 20.16% over 2 years.

The median rent in Melrose Park for houses is $595 per week and the median rental yield is 3.43%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 31 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

0.63%

Current vacancy rate


7

Rental stock available


2,209

Population


23.30%

Rental population


0.34%

Current vacancy rate


96

Rental stock available


64,806

Population


17.93%

Rental population


0.50%

Current vacancy rate


4,460

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 $900,000 NA NA
Median price change - last quarter -0.56% NA NA
Median price change - 1 year NA NA NA
Median price change - 2 years 20.16% NA NA
  House Townhouses Units
Median weekly rent $595 NA NA
Median yield % 3.43% NA NA
Median rent change - 1 year 8.18% NA NA
  House Units
Previous month sales 5 0
Stock on market previous month 5 0
Stock variance vs. last year 0.00% -100.00%
Average days on market 31 NA

Melrose Park investment property listings

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

112 Corunna Ave, Melrose Park

$1,100,000

property pic

Classic Character Meets Everyday Convenience

Offers by | Wednesday 27th May 12pm. Ready to move in and enjoy or secure an outstanding investment opportunity in the heart of Melrose Park, this well-maintained solid brick home offers comfort, space and convenience on a generous 742m² allotment. Built in 1958 and filled with natural light, the ...

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SA 5039


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