Melrose Park NSW 2114 — House Prices, Rent & Suburb Profile
Melrose Park is a suburb in New South Wales (postcode 2114). The median sale price is $860k (-3% since 2013). The median weekly rent is $670/week, a gross rental yield of about 4.1%. It has a population of about 2,059 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $768,000 |
| 2022 | $709,000 |
| 2023 | $662,500 |
| 2024 | $659,000 |
| 2025 | $796,000 |
| 2026 | $860,000 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| 1-bedroom | $630 |
| 2-bedroom | $720 |
| 3-bedroom | $900 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly apartment (84% of recorded sales).
Demographics (ABS Census 2021)
- Population: 2,059
- Median age: 37
- Median weekly household income: $2,182
- Average household size: 2.7
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 1104 · 96th percentile in Australia
- IEO (education & occupation): score 1105 · 95th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Schools in Melrose Park
- Melrose Park Public School · Primary School
Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.
Transport
Nearest station: Sydney Olympic Park Wharf (ferry), about 1 km from the suburb centre.
Land value
Median land value: $1,640,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).
Frequently asked questions
What is the median house price in Melrose Park?
The median sale price in Melrose Park NSW 2114 is $860,000, down 3% since 2013. Based on NSW Valuer General sales data.
What is the average weekly rent in Melrose Park?
The median weekly rent in Melrose Park (postcode 2114) is $670 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Melrose Park?
The estimated gross rental yield in Melrose Park is about 4.1%, based on the median weekly rent relative to the median sale price.
What schools are in Melrose Park?
Schools located in Melrose Park include Melrose Park Public School.
Nearby suburbs
- Ermington 2115
- Meadowbank 2114
- West Ryde 2114
- Sydney Olympic Park 2127
- Wentworth Point 2127
- Denistone West 2114
- Rhodes 2138
- Eastwood 2122
Explore house prices & rent in suburbs near Melrose Park. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.