Side by sideSuburb comparison

Melrose Park vs Ascot Park.

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

Ascot Park (median $1,050,833) is roughly 10% 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 (30/100 vs 42/100 ), 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, 10% 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 (3.02% vs 2.61%) 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 questionsMelrose Park vs Ascot Park

Common questions

Is Melrose Park or Ascot Park cheaper to buy in?

Ascot Park has the lower median house price at $1,050,833, roughly 10% 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, Melrose Park or Ascot 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 Melrose Park or Ascot 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, Melrose Park or Ascot 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, Melrose Park or Ascot Park?

Gross rental yield on houses is 3.02% in Ascot Park vs 2.61% 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

Melrose Park
Metric
Ascot Park

Price & Market

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

Rental

$580/wk
Rent (house / wk)
$610/wk
$272/wk
Rent (unit / wk)
$460/wk
66.0%
Owner occupied
54.0%
25.0%
Renter occupied
44.0%

Lifestyle & Demographics

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

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1070
Avg ICSEA
1065

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).