Question 1

Is Melrose Park a nice place to live?

Accepted Answer

Melrose Park sits in Adelaide's inner south-west close to Glenelg and the bay, offering a coastal fringe lifestyle without being a tourist precinct. Streets are largely tree-lined and dominated by mid-century single-storey houses and bungalows, with pockets of newer infill and townhouses. The community of 2,319 has a median age of 38 and is weighted towards families — couple families with children are the largest single group at 45.3% — and most homes are owner-occupied, with roughly three in four owned either outright (32.2%) or with a mortgage (40.5%), while about one in four households are rented (27.3%).

Everyday life in Melrose Park revolves around quiet residential streets, small local parks and handy neighbourhood shops, while cafés, beaches and larger retail are a short trip away. Public buses and nearby arterial roads provide straightforward connections to the city and the airport. Local upgrades include a refurbished Rozelle Reserve with a fully fenced playground, barbecue and picnic facilities plus a bike path forming part of the Flinders-City bikeway, and classroom and infrastructure works at Edwardstown Primary School. Whether that mix suits you depends on what you value in a suburb.

Question 2

Is it expensive to live in Melrose Park?

Accepted Answer

In Melrose Park, a median house price of $1,160,000 is about 14.1 times a typical local household's annual income at the last Census (weekly income $1,583 × 52 = $82,316), which places buying well above what a typical local household earned then. Renting a house at about $650 a week would absorb roughly 41.1% of that typical weekly household income, a large share. On these figures both buying and renting look stretched against local incomes at the last Census, with buying notably further from local income levels than renting.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Melrose Park a good place to invest?

Accepted Answer

The clearest story in Melrose Park over the past 12 months is on houses: median house values jumped 28.4%, a strong rise, while house rents increased 8.3%, a solid gain. Put another way, capital growth for houses outpaced rental income growth during the year. If rental cashflow is your priority, the rent number is the one to watch; if price appreciation matters more, the value change will be more relevant to you. Whether that balance suits your plans depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.16M	N/A
Change in value Past 12 months	28.4%	N/A
Sold Past 3 months	12	1
Median days on market Past 12 months	42	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	8.3%	N/A

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