Property investors who have had real estate in Melrose Park, 5039 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.41%
Across a shorter period, Melrose Park, 5039 has seen a median price increase of 1.81% over the last quarter.
In the last year 42 properties changed hands in Melrose Park, which puts it as the 225th most active market in SA when comparing the number of sales per suburb.
Situated 6.67km from the CBD, Melrose Park is one of Mitcham localities in the postcode 5039.