Chidiac Realty is active as Melrose Park real estate agents and property managers. You can view properties we have for sale and rent in that area. If you own property or are seeking investment property in Melrose Park, contact us to talk about property management in Sydney and other ways we can assist you. Our team stays close to the ground with trends and opportunities so we’re well informed about the area.
Melrose Park is a north-western suburb of Sydney. It is located 17 kilometres west of the Sydney CBD, in the local government area of the City of Ryde and is part of the Northern Suburbs area. Melrose Park is situated on the north bank of the Parramatta River.
Getting there and getting around
The closest station to Melrose Park is Meadowbank Railway Station, on the North Shore, Northern & Western Line of the Sydney Trains Network. It is about 1.3 kilometres away. The area is serviced by a number of routes on the Sydney Buses Network, including the 524, 526, 527 and 581, and the M52 also passes quite close by.
Lifestyle and population
Melrose Park is a small residential suburb. There is a commercial area located north of the suburb on Victoria Road. The closest shopping centre is Eastwood Shopping Centre, about 4 kilometres away. The suburb has a few parks and recreation areas within the area itself or close by including Bartlett Park and Meadowbank Park.
Melrose Park has a population of just over 1,400 people. Just under 70% of Melrose Park residents were born in Australia. Significant other countries of birth include England (3.2%), Republic of Korea (2.2%) and China (1.9%). By far the highest percentage household demographic is couples with children at nearly 59%. Couples without children represent about 22%, sole occupancy households 7.7%, and single parent households just under 3%.
Property trends and opportunities
About 16% of Melrose Park residents are renting. Just under 39% of residents own their homes outright with nearly 44% in the process of purchasing.
Median House Prices $1,300,000
Median House Rental Price $595 pw
Average House time on market 61 days
Median Unit Price $670,000
Median Unit Rental Price NA
Average Unit time on market NA
*Note: Data accurate at time of update. Last update – June 2013