Supply Demand History in Melrose Park

MonthSupplyDemand
2015 Apr121756
2015 May111910
2015 Jun91591
2015 Jul81911
2015 Aug51286
2015 Sep71299
2015 Oct101552
2015 Nov101271
2015 Dec6547
2016 Jan72226
2016 Feb81242
2016 Mar71134
2016 Apr92650

More Recent Sold in Melrose Park

Address Sold Price
2 Clayton Crescent 4 $900,000
160 Ayers Avenue 4 $1,120,000
4 Leonard Street 3 $925,000
88 Penang Avenue 2 $931,000
135 Morgan Avenue 3 $875,000

More Recent Rent in Melrose Park

Address Price/Week
112 Morgan Avenue 4 $580
152 Winston Avenue 2 $400
8 Mead Crescent 1 $450
106 Kingston Avenue 3 $460
8 Romsey Grove 8 $820

Rent Yield in Melrose Park

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$342,333--$215,000--6
2$444,250$3694.32%$377,500$3554.89%14
3$601,250$4613.99%$612,500$4503.82%19
4$1,098,750$5272.49%$1,100,000$5002.36%7
5-$600--$600-1
8-$820--$820-1
House
1$437,500--$437,500--4
2$426,250$3684.49%$345,000$3755.65%7
3$681,667$4843.69%$635,000$4783.91%13
4$1,000,000$5402.81%$1,100,000$5402.55%5
5-$600--$600-1
8-$820--$820-1
Villa
1$165,000--$165,000--1
2$375,000--$375,000--1
Unit/apmt
1$139,000--$139,000--1
2$380,000$3234.42%$380,000$3234.42%3
Townhouse
2-$465--$465-1
3-$403--$398-4
Other
2$547,000--$547,000--2
3-$470--$470-1
4$1,395,000--$1,395,000--1
Unknown
3$360,000--$360,000--1
4-$500--$500-1

Demographics of Melrose Park

PopulationSizeMelrose ParkAdelaide
All People81411072882
Country of OriginMelrose ParkAdelaide
Australian Born80%72%
Born Overseas - Top 5Melrose ParkAdelaide
United Kingdom6%9%
Greece1%1%
Germany1%1%
Italy1%2%
New Zealand1%1%
Median household incomeMelrose ParkAdelaide
Weekly income$977$1,388
Age StatisticsMelrose ParkAdelaide
20 to 3929%30%
60+24%20%
40 to 5924%29%
5 to 1917%14%
0 to 46%6%
Family Statistics - Top 5Melrose ParkAdelaide
Married44%50%
Never Married33%31%
Widowed10%7%
Divorced10%8%
Separated3%3%
Religion - Top 5Melrose ParkAdelaide
Catholic24%26%
No Religion22%23%
Anglican15%18%
Uniting Church13%11%
Orthodox6%4%
Occupation - Top 5Melrose ParkAdelaide
Intermediate Clerical/Sales/Service7%7%
Professionals7%8%
Tradespersons and Related Workers5%5%
Associate Professional5%5%
Labourers and Related Workers4%4%
Education - Top 5Melrose ParkAdelaide
Not Attending (Working)76%74%
Infants/Primary8%10%
Secondary Education6%6%
University or other Tertiary Institution5%4%
Technical or Further Education3%3%
Transport to Work - Top 5Melrose ParkAdelaide
Car (driver)23%27%
Car (passenger)2%3%
Bus Only2%2%
Walked1%1%
Train Only1%0%
Type of Dwelling - Top 3Melrose ParkAdelaide
Separate house66%74%
Semi/Terrace18%13%
Flat13%11%
Nature of Occupancy - Top 3Melrose ParkAdelaide
Fully Owned39%39%
Rented34%27%
Purchasing20%28%
Monthly Loan Repayment - Top 5Melrose ParkAdelaide
$600-$79924%25%
$400-$59921%23%
$800-$99918%16%

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Melrose Park, SA 5039 (7.41 km to CBD)

Median House Price

$751,500

Median Unit Price

$416,500

Surrounding Suburbs

Closest Train Station

Woodlands Park Railway Station 1.09 km

Selected Demographics of Melrose Park

  • 1008 Number of House
  • 277 Number of Unit
  • 8141 Number of People
  • 38 Median Age
  • 2.2 Median Household Size
  • $275 Weekly Rent
  • $564 Weekly Individual Income
  • $1,432 Weekly Family Income
  • $1,053 Weekly Household Income
  • $803,500 Median Asking Price
  • $425 Median Rent
  • 0.03% Rent Yield
  • 54 Stock On Sale
  • 0.30% Vacancy Rate
  • 7 Average Supply
  • 1639 Average Demand
  • 228.74 Supply Demand Ratio

Schools in Melrose Park

School NameSchool SectorSchool Type
Edwardstown Primary SchoolGovernmentPrimary

Leading Agencies (Sale)

Harcourts VennMillar - Cumberland Park 11%

Tanner Real Estate (RLA 229096) - Daw Park 11%
Harris Real Estate Pty Ltd - RLA 226409 7%
Ray White Unley - UNLEY 5%
Smallacombe Real Estate - Mitcham (RLA 1520) 4%
Walter & Irvine Real Estate - Unley (RLA 64385) 3%
Ray White - Colonel Light Gardens (RLA 221255) 3%
Century 21 Central - Millswood (RLA 156248) 3%
Qattro Pty Limited 3%
Toop & Toop Real Estate - SA - NORWOOD 2%

Leading Agents (Rent)

Agent NamePercentage
Harcourts VennMillar - Cumberland Park35%
McCranor Property Management - Brighton (RLA 192251)7%
Stanley Samuels Pty Ltd - Parkside (RLA 2199)7%
Inspire Real Estate - Adelaide (RLA239435)7%
LJ Hooker - Unley (RLA 945)7%
Ray White - Adelaide7%
Century 21 Central - Millswood (RLA 156248)7%
LJ Hooker - Colonel Light Gardens7%
G P Langridge Real Estate - Goodwood (RLA 1446)7%
LJ Hooker - Mile End (RLA 242629)7%