Melrose Park vs St Marys

St Marys (median $1,056,250) is roughly 15% cheaper to buy into than Melrose Park ($1,247,500).

Buying in Melrose Park or St Marys?

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Melrose Park and St Marys side by side

MeasureMelrose ParkSt Marys
Price and market
Median house$1,247,500$1,056,250
Median unit$288,720$257,760
House price change, 12 months–+8.6%
Renting
House rent$635/wk$625/wk
Unit rent$535/wk$470/wk
Owner occupied66.0%62.0%
Renter occupied25.0%36.0%
Schools
Schools nearby2020
Average ICSEA10701073
Lifestyle and people
Walk score3016
Transit score00
Bike score100100
Population2,3193,010
Median age3835
Climate
Annual rainfall598 mm598 mm
Mean max, January28.5°C28.5°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

Melrose Park scores higher on walkability (30/100 vs 16/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving St Marys (1073) sits above Melrose Park (1070).

For buyers
St Marys is the lower entry point at $1,056,250 median, 15% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
St Marys offers the higher gross rental yield (3.08% vs 2.65%), favouring cash-flow investors.
For families
St Marys edges out on average school ICSEA (1073 vs 1070).

Melrose Park vs St Marys: common questions

Is Melrose Park or St Marys cheaper to buy in?

St Marys has the lower median house price at $1,056,250, roughly 15% below Melrose Park ($1,247,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Melrose Park or St Marys have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), St Marys scores 1073 vs 1070 in Melrose 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 St Marys?

Melrose Park scores 30/100 on walkability vs 16/100. 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 St Marys?

Gross rental yield on houses is 3.08% in St Marys 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.