Supply Demand History in Melrose Park
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 4 | 584 |
| 2015 May | 3 | 467 |
| 2015 Jun | 4 | 604 |
| 2015 Jul | 1 | 193 |
| 2015 Aug | 2 | 297 |
| 2015 Sep | 3 | 623 |
| 2015 Oct | 6 | 517 |
| 2015 Nov | 6 | 434 |
| 2015 Dec | 2 | 167 |
| 2016 Jan | 4 | 542 |
| 2016 Feb | 6 | 501 |
| 2016 Mar | 6 | 369 |
| 2016 Apr | 4 | 301 |
More Recent Sold in Melrose Park
| Address | Type | Sold Price | ||
|---|---|---|---|---|
| 102/2D Wharf Road Melrose Park 2114 | apartment | 2 | Apr 2024 | $815,000 |
| 10 Lancaster Avenue Melrose Park 2114 | house | 3 | Apr 2024 | $2,420,000 |
| 510/3 BUNDIL BOULEVARD Melrose Park 2114 | apartment | 2 | Mar 2024 | $797,000 |
| 4 Taylor Avenue Melrose Park 2114 | house | 4 | Mar 2024 | $1,800,000 |
| 502/2D Wharf Road East Melrose Park 2114 | apartment | 1 | Mar 2024 | $420,000 |
More Recent Rent in Melrose Park
| Address | Type | Price/Week | ||
|---|---|---|---|---|
| 207/2B Wharf Rd Melrose Park 2114 | apartment | 2 | Mar 2024 | $690 |
| 313/1B Lemon Tree Avenue Melrose Park 2114 | apartment | 2 | Mar 2024 | $750 |
| 505/3 Bundil Boulevard Melrose Park 2114 | townhouse | 1 | Mar 2024 | $620 |
| 606/1A Lemon Tree Avenue Melrose Park 2114 | apartment | 2 | Mar 2024 | $780 |
| 606/1A Lemon Tree Avenue Melrose Park 2114 | apartment | 2 | Mar 2024 | $780 |
Rent Yield in Melrose Park
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $681,333 | $611 | 4.66% | $650,000 | $600 | 4.80% | 7 |
| 2 | $852,875 | $742 | 4.52% | $843,500 | $740 | 4.56% | 17 |
| 3 | - | $967 | - | - | $980 | - | 5 |
| 4 | $1,800,000 | $880 | 2.54% | $1,800,000 | $880 | 2.54% | 2 |
| House | |||||||
| 3 | - | $885 | - | - | $875 | - | 3 |
| Unit/apmt | |||||||
| 1 | $697,000 | $598 | 4.46% | $697,000 | $598 | 4.46% | 4 |
| 2 | $854,429 | $743 | 4.52% | $845,000 | $740 | 4.55% | 15 |
| 3 | - | $980 | - | - | $980 | - | 1 |
| Apartment | |||||||
| 1 | $650,000 | $650 | 5.20% | $650,000 | $650 | 5.20% | 2 |
| Unknown | |||||||
| 1 | - | $600 | - | - | $600 | - | 1 |
| 2 | $842,000 | $740 | 4.57% | $842,000 | $740 | 4.57% | 2 |
| 3 | - | $1,200 | - | - | $1,200 | - | 1 |
| 4 | $1,800,000 | $880 | 2.54% | $1,800,000 | $880 | 2.54% | 2 |
Demographics of Melrose Park
| PopulationSize | Melrose Park | Sydney |
| All People | 18694 | 3997337 |
| Country of Origin | Melrose Park | Sydney |
| Australian Born | 61% | 61% |
| Born Overseas - Top 5 | Melrose Park | Sydney |
| China | 5% | 2% |
| United Kingdom | 4% | 5% |
| India | 3% | 1% |
| Korea | 3% | 1% |
| Hong Kong | 2% | 1% |
| Median household income | Melrose Park | Sydney |
| Weekly income | $1,511 | $1,447 |
| Age Statistics | Melrose Park | Sydney |
| 20 to 39 | 33% | 33% |
| 40 to 59 | 26% | 28% |
| 5 to 19 | 17% | 14% |
| 60+ | 17% | 17% |
| 0 to 4 | 6% | 7% |
| Family Statistics - Top 5 | Melrose Park | Sydney |
| Married | 51% | 51% |
| Never Married | 33% | 33% |
| Widowed | 7% | 6% |
| Divorced | 6% | 7% |
| Separated | 3% | 3% |
| Religion - Top 5 | Melrose Park | Sydney |
| Catholic | 35% | 34% |
| Anglican | 18% | 23% |
| No Religion | 15% | 13% |
| Uniting Church | 5% | 4% |
| Hinduism | 4% | 1% |
| Occupation - Top 5 | Melrose Park | Sydney |
| Professionals | 11% | 9% |
| Intermediate Clerical/Sales/Service | 8% | 8% |
| Associate Professional | 6% | 5% |
| Tradespersons and Related Workers | 5% | 5% |
| Elementary Clerical/Sales/Service | 4% | 4% |
| Education - Top 5 | Melrose Park | Sydney |
| Not Attending (Working) | 73% | 73% |
| Infants/Primary | 8% | 9% |
| Secondary Education | 6% | 7% |
| University or other Tertiary Institution | 6% | 5% |
| Technical or Further Education | 4% | 3% |
| Transport to Work - Top 5 | Melrose Park | Sydney |
| Car (driver) | 23% | 24% |
| Train Only | 8% | 3% |
| Car (passenger) | 3% | 3% |
| Train & Other | 2% | 2% |
| Walked | 2% | 2% |
| Type of Dwelling - Top 3 | Melrose Park | Sydney |
| Separate house | 53% | 64% |
| Flat | 39% | 22% |
| Semi/Terrace | 4% | 10% |
| Nature of Occupancy - Top 3 | Melrose Park | Sydney |
| Fully Owned | 39% | 41% |
| Rented | 37% | 30% |
| Purchasing | 19% | 23% |
| Monthly Loan Repayment - Top 5 | Melrose Park | Sydney |
| $1,500+ | 22% | 21% |
| $800-$999 | 17% | 15% |
| $600-$799 | 15% | 13% |
Crime Rate of Ryde
| Crime Type | Rate of Ryde | Rate of NSW |
| Assault | 301 | 883 |
| Drug | 146 | 534 |
| Other | 2,504 | 5,602 |
| Robbery | 53 | 67 |
| Sexual Offence | 75 | 59 |
| Theft | 1,316 | 2,129 |
| Total | 4,395 | 9,274 |
Based on Australian Bureau of Statistics data
Melrose Park, NSW 2114 (13.64 km to CBD)
Median House Price
$2,000,000
Median Unit Price
$809,000
Surrounding Suburbs
Closest Train Station
Meadowbank Station
1.28 kmSelected Demographics of Melrose Park
- 594 Number of House
- 62 Number of Unit
- 18694 Number of People
- 38 Median Age
- 2.9 Median Household Size
- $460 Weekly Rent
- $729 Weekly Individual Income
- $2,009 Weekly Family Income
- $1,800 Weekly Household Income
- $2,000,000 Median Asking Price
- $585 Median Rent
- 0.02% Rent Yield
- 16 Stock On Sale
- 0.00% Vacancy Rate
- 5 Average Supply
- 340 Average Demand
- 70.03 Supply Demand Ratio
Leading Agencies (Sale)
Green Real Estate Agency - West Ryde 8%
Boston Marketing - Melrose Park 7%
Award Group Real Estate - West Ryde 7%
Ray White - Ermington 4%
Award Group Real Estate - WINSTON HILLS 4%
McGrath Ryde - Ryde 3%
Ray White - Gladesville 2%
MacLeod Real Estate - West Ryde 2%
Boston Marketing - Melrose Park 2%
First National - West Ryde 2%
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Award Group Real Estate - West Ryde | 23% |
| Raine & Horne - West Ryde | 17% |
| First National - West Ryde | 11% |
| Green Real Estate Agency - West Ryde | 11% |
| Gilmour & Smith Property Agents - Ryde | 11% |
| McGrath - Balmain | 5% |
| Ray White - Ermington | 5% |
| JR Hunt Real Estate - Epping | 5% |
| Snowden Parkes Real Estate Agents - Ryde | 5% |
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