Melrose Park, NSW

474 sales · the past 2 years · NSW Valuer General

Melrose Park recorded 474 residential sales in the past 2 years, comprising Apartments at a median of $793,000 (394 sales); Houses at a median of $2,401,000 (64 sales); and Townhouses at a median of $1,275,000 (16 sales). The median apartment price was $793,000. Apartment prices ranged from $584k to $1.08M.
Median price
$793k
Apartments · 2 years
Sales (the past 2 years)
394
Active market
Price range
$584k–$1.08M
10th–90th pct
BudgetMarket accessGradeEst. properties
$525,000 6% D — Very limited ~24 of 394
$650,000 23% C — Limited ~91 of 394
$800,000 63% A — Strong access ~248 of 394
$1,075,000 90% A — Strong access ~355 of 394
Under $400k
2%
$400k–$650k
20%
$650k–$950k
67%
$950k–$1.4M
8%
Over $1.4M
3%

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What is the median apartment price in Melrose Park?

The median apartment price in Melrose Park was $793,000 in the past 2 years, based on 394 recorded sales from the NSW Valuer General.

Is Melrose Park affordable on a $650,000 budget?

A $650,000 budget gives access to approximately 18% of the Melrose Park apartment market — a limited but not impossible position. You would be competing for properties at the lower end of the market.

How many apartments sold in Melrose Park in the past 2 years?

394 apartments were recorded in Melrose Park in the past 2 years by the NSW Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Melrose Park?

Sale prices in Melrose Park ranged from $584,000 (10th percentile) to $1,078,999 (90th percentile) in the past 2 years.