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Suburb Insights ยท SA 5039

Melrose Park 5039, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Melrose Park is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 2,319, making it a boutique locality. Located approximately 7 km from the Adelaide CBD, Melrose Park is a middle ring area in South Australia. The median household income is $82,316 AUD per year (ABS 2021 Census).

Investment Score

59 / 100 Moderate

Household incomes in Melrose Park sit in a comfortable mid-range for the South Australia market. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Melrose Park, South Australia, Australia.

Key Indicators

Postcode
5039

Official Australia Post postcode for Melrose Park. A postcode may cover multiple suburbs.

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Population
2,319

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$350/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$82,316/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
7 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,900/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
69% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Melrose Park's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,900/month. The median household income of $82,316/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Solid fundamentals in Melrose Park support capital growth over a medium to long hold period.

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Rental Yield

Rental yields in Melrose Park are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Limited buyer depth in Melrose Park makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Melrose Park property

Full Property Analysis

30-year projections for Melrose Park

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Melrose Park is expected to see moderate price growth in 2026 as the broader South Australia market stabilises. Tenants in Melrose Park have options โ€” presenting well-maintained properties is key to minimising vacancy. The market mood around Melrose Park is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Melrose Park a good suburb for investment?

Melrose Park is a middle ring area in South Australia with a population of 2,319. The median rent is $350/week and the median household income is $82,316/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Melrose Park?

Key demand drivers in Melrose Park include established amenities and transport access. 69% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Melrose Park?

According to the ABS 2021 Census, Melrose Park has a population of approximately 2,319. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Melrose Park from the Adelaide CBD?

Melrose Park is approximately 7 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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