Side by sideSuburb comparison

Ascot Park vs Melrose Park.

Comparing two suburbs with median house prices of $1,050,833 and $1,157,500. Ascot Park edges out on more headline metrics in this comparison.

Ascot Park (median $1,050,833) is roughly 9% cheaper to buy into than Melrose Park ($1,157,500). Over the past year, Ascot Park (+2.5%) ran 1.0 percentage points ahead of Melrose Park (+1.5%) on house-price growth.

Ascot Park scores higher on walkability (42/100 vs 30/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Melrose Park (1070) sits above Ascot Park (1065). Melrose Park skews owner-occupied (66%), Ascot Park runs more rental-dense (54% owner).

The takeWhich suburb suits which buyer

For buyers

Ascot Park is the lower entry point at $1,050,833 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Ascot Park carries both higher gross yield (3.07% vs 2.83%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Melrose Park edges out on average school ICSEA (1070 vs 1065).

Common questionsAscot Park vs Melrose Park

Common questions

Is Ascot Park or Melrose Park cheaper to buy in?

Ascot Park has the lower median house price at $1,050,833, roughly 9% below Melrose Park ($1,157,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Ascot Park or Melrose Park?

Over the past 12 months, Ascot Park grew +2.5% vs +1.5% in Melrose Park, a gap of 1.0 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Ascot Park or Melrose Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Melrose Park scores 1070 vs 1065 in Ascot Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Ascot Park or Melrose Park?

Ascot Park scores 42/100 on walkability vs 30/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Ascot Park or Melrose Park?

Gross rental yield on houses is 3.07% in Ascot Park vs 2.83% in Melrose Park. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Ascot Park
Metric
Melrose Park

Price & Market

$1,050,833
Median house
$1,157,500
$255,600
Median unit
$288,720
+2.5%
Annual growth (house)
+1.5%
Days on market

Rental

$620/wk
Rent (house / wk)
$630/wk
$500/wk
Rent (unit / wk)
$480/wk
54.0%
Owner occupied
66.0%
44.0%
Renter occupied
25.0%

Lifestyle & Demographics

42
Walk score
30
0
Transit score
0
100
Bike score
100
3,588
Population
2,319
34
Median age
38

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1065
Avg ICSEA
1070

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).