At number 2534th in the list of Australian suburbs ordered by increase in median house value over the last year, Melrose Park, 2114 is in the BOTTOM 40% with a property value increase of 2.36% recorded in median house prices.
The five-year average increase in median property values for Melrose Park,2114 has given property investors a potential capital gain of 76.54% across each of those five years.
Melrose Park2114 is located in NSW which offers an average discount of -5.49% to property investors. Melrose Park itself is showing figures that indicate -6.68% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Melrose Park have been waiting around 65.84 days to sell a property.
Melrose Park is 1101th on a list of best yielding suburbs for rents in NSW with a 2.25% return