At number 775th in the list of Australian suburbs ordered by increase in median house value over the last year, Melrose Park, 2114 is in the top 20% with a property value increase of 14.48% recorded in median house prices.
Across a shorter period, Melrose Park, 2114 has seen a median price increase of 6.46% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Melrose Park is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 262th in terms of most discounted suburbs in NSW
Residents and property investors in Melrose Park have been waiting around 54.5 days to sell a property.
Property investors should expect to get $630 weekly from the median priced house in this suburb.