Melrose Park, 5039 ranked 241th in SA when comparing growth in median property values or capital gain over the last 12 months. Melrose Park is one of 853 in our list for SA
If we look at median property appreciation over just the last three months, Melrose Park has given property investors a paper return of -1.47%. This puts Suburb as 335 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Melrose Park are currently offering property investors an average price cut of -4.73% below the asking price at the moment.
Often selling an investment property can take time, and in Melrose Park the average time real estate has been on the market is 34.64 days.
Advertised rents are around the $372.5 mark per week – giving a return of 3.85% based on the median price in Suburb