Melrose Park, NSW 2114
City of ParramattaAll suburbs in postcode 2114
Updated
Median house price
$2,405,400
+6.2% over the past year.
Median of 19 house sales · NSW Valuer General · calendar 2025
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Melrose Park at a glance
- Median unit
- $393,120
- Weekly rent
- $850
- Houses · units $680
- Population
- 2,059
- Median age 37
Prices: Median of 19 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2114), June 2026 · Population: 2021 Census
House prices in Melrose Park
Houses change hands at $2,405,400 on a typical sale, well above the NSW median (19 house sales, NSW Valuer General, calendar 2025). Units come in around $393,120, roughly 84% below the house median. The 12-month picture is one of steady growth (+6.2%).
For sellers
Twelve-month growth is +6.2%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $481,000. Prices sit well above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· NSW rental bond data (postcode 2114)
Free appraisal in Melrose Park
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What to know about Melrose Park
Melrose Park (2114) sits in the Parramatta region of NSW. The median house here is $2,405,400, well above the NSW median of around $1.10M. Prices have moved +6.2% over the past year, well clear of the NSW average (3%).
Melrose Park has roughly 2,059 residents, with a typical family-age mix. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Melrose Park scores 6/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 29°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 939 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 11 government primary, 2 government secondary, 6 Catholic, 1 independent.
Schools in Melrose Park
Location
Walkability
- Walk
- 6/100
- Transit
- 0/100
- Bike
- 100/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Melrose Park's population at 2,059, with a median age of 37. That sits as a typical family-age mix. Households are mostly owner-occupied (70% own, 26% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (76% family households, 21% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 76%
- Lone person
- 21%
- Owner occupied
- 70%
- Renter occupied
- 26%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 1.84% (median rent $850/wk against a $2,405,400 price tag). Units yield 8.99% gross, often the better cash-flow play for first-time investors. Renter share is modest (26%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs. The 12-month growth of +6.2% adds a capital-growth case on top of the yield.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 1.84%
- On the $2,405,400 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 8.99%
- On the $393,120 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +6.2%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
65 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 939 mm
- Hottest month, avg max
- 28.7°C
- Coldest month, avg min
- 6.6°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Melrose Park
- What is the median house price in Melrose Park?
- The median house price in Melrose Park, NSW 2114 is $2,405,400 (median of 19 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $393,120. Annual growth is +6.2%.
- How much is my house worth in Melrose Park?
- A useful starting point is the Melrose Park median house price of $2,405,400 (units $393,120). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Melrose Park a good investment?
- On the published figures, the gross rental yield on houses in Melrose Park is 1.8%: the median weekly house rent is $850 (NSW rental bond data (postcode 2114), June 2026) against the median house price of $2,405,400 (NSW Valuer General, calendar 2025). The median house price rose 6.2% over 12 months on the same NSW Valuer General figures. Whether Melrose Park is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Melrose Park postcode?
- Melrose Park is in the 2114 postcode, in NSW, in the City of Parramatta region.
- Where is Melrose Park?
- Melrose Park is a suburb in the City of Parramatta area, NSW 2114.
- What is the average rent in Melrose Park?
- The median weekly rent for houses is $850, for units it's $680.
- What schools are in Melrose Park?
- There are 20 schools serving Melrose Park on this page, including Melrose Park Public School, Ermington Public School, Wentworth Point Public School.
- How walkable is Melrose Park?
- Melrose Park has a Walk Score of 6 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Melrose Park?
- Melrose Park is close to Ermington, Meadowbank, West Ryde, Wentworth Point, Wentworth Port.
- What is the population of Melrose Park?
- The population of Melrose Park is approximately 2,059 (2021 Census). The median age is 37.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.