Melrose
SA, 5483
-
Mount Remarkable
Thinking about buying in Melrose? Now could not be a better time, with just 488 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $435,000 with prices in this suburb ranging from $95,000 to $613,000. The aproximate distance to the coast is 13 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Melrose Real Estate Market Outlook
In Melrose there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Melrose is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Melrose leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Melrose to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Melrose we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Melrose a better buying opportunity than it may have been in the past.
Properties for sale Melrose
|
9 church st, melrose, sa, 5483 |  3 |
 1 |
 1 |
$320,000 |
|
|
60 shanks rd, melrose, sa, 5483 | 3 |
1 |
2 |
Registration of Interest Price Guide $480 000 |
Local Schools
Melrose Primary School
(While the above schools are located with the suburb of Melrose there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Melrose weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.3 | 19.8 | 35.2 | 20.0 | 66.5 | 6.5 | 28.9 |
| Feb | 0.7 | 18.8 | 33.6 | 23.8 | 69.7 | 6.0 | 24.9 |
| Mar | 0.4 | 16.9 | 30.0 | 29.2 | 72.3 | 5.4 | 20.7 |
| Apr | 0.7 | 12.6 | 26.5 | 30.1 | 76.9 | 4.5 | 16.2 |
| May | 0.6 | 8.3 | 21 | 39.4 | 85.9 | 3.9 | 11.8 |
| Jun | 0.6 | 5.8 | 18.1 | 45.7 | 90.7 | 3.8 | 10.6 |
| Jul | 0.6 | 4.3 | 18.2 | 42.1 | 91 | 4.0 | 11.0 |
| Aug | 0.5 | 5.5 | 19.9 | 34.2 | 86.7 | 4.7 | 13.5 |
| Sept | 0.9 | 8.8 | 25.3 | 23.9 | 78.2 | 5.4 | 19.2 |
| Oct | 0.4 | 12.1 | 27.8 | 22.7 | 74.4 | 5.9 | 24.1 |
| Nov | 0.4 | 14.7 | 30.8 | 19.3 | 71.2 | 6.2 | 27.5 |
| Dec | 0.5 | 17.6 | 32.5 | 21.8 | 70.0 | 6.5 | 28.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Goyder's Line Memorial - Less than 5 KM
Shoe Tree - Less than 2 KM
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