Melrose Park NSW Property Investment

Parramatta · 2114

Median House Price
$2.34M
Rental Yield
1.9%
Vacancy Rate
1.6%
Median Weekly Rent
$850/wk
Median Unit Price
$773K
Population
2,059
Days on Market
42 days
Annual Growth
2.9%

Melrose Park Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$506.31/night
Occupancy Rate
40%
Est. Annual Revenue
$74K

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-03

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

3,150

2020

2,410

2021

2,761

2022

2,325

2023

3,215

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2114

Most disadvantagedLeast disadvantaged

Decile 8 of 10 — Low disadvantage

Population

25,267

Education (IEO)

10/10

Econ. Resources (IER)

6/10

10-Year Investment Projection

Modelled on Melrose Park NSW data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $850/wk median rent for Melrose Park. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Melrose Park PS
PrimaryGovernment
7.5/10
Riverside GHS
SecondaryGovernment
8.1/10
Marsden HS
SecondaryGovernment
6.8/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.

Melrose Park NSW Property Market — Median, Growth, Yield · Estait | Estait