Edwardstown vs Melrose Park
Edwardstown (median $955,000) is roughly 23% cheaper to buy into than Melrose Park ($1,247,500).
Buying in Edwardstown or Melrose Park?
Selling in Edwardstown? The free selling guide
Edwardstown and Melrose Park side by side
| Measure | Edwardstown | Melrose Park |
|---|---|---|
| Price and market | ||
| Median house | $955,000 | $1,247,500 |
| Median unit | $288,720 | $288,720 |
| House price change, 12 months | -18.6% | – |
| Renting | ||
| House rent | $645/wk | $635/wk |
| Unit rent | $450/wk | $535/wk |
| Owner occupied | 54.0% | 66.0% |
| Renter occupied | 44.0% | 25.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1068 | 1070 |
| Lifestyle and people | ||
| Walk score | 32 | 30 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 4,514 | 2,319 |
| Median age | 37 | 38 |
| Climate | ||
| Annual rainfall | 466 mm | 598 mm |
| Mean max, January | 28.8°C | 28.5°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Edwardstown scores higher on walkability (32/100 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 Edwardstown (1068). Melrose Park skews owner-occupied (66%), Edwardstown runs more rental-dense (54% owner).
- For buyers
- Edwardstown is the lower entry point at $955,000 median, 23% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Edwardstown offers the higher gross rental yield (3.51% vs 2.65%), favouring cash-flow investors.
- For families
- Melrose Park edges out on average school ICSEA (1070 vs 1068).
Edwardstown vs Melrose Park: common questions
Is Edwardstown or Melrose Park cheaper to buy in?
Edwardstown has the lower median house price at $955,000, roughly 23% below Melrose Park ($1,247,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Edwardstown or Melrose Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Melrose Park scores 1070 vs 1068 in Edwardstown. 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, Edwardstown or Melrose Park?
Edwardstown scores 32/100 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, Edwardstown or Melrose Park?
Gross rental yield on houses is 3.51% in Edwardstown vs 2.65% 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.
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