All Suburbs

Melrose Park

NSW 2114LGA: City of Parramatta

Investment Score

75

/100

AI Intelligence Summary

Melrose Park is a well-established residential suburb in the City of Ryde, located 15km northwest of Sydney CBD. This culturally diverse community offers an attractive mix of housing types, from older brick homes to modern townhouses, appealing particularly to families and professionals. The suburb benefits from excellent connectivity via Victoria Road and proximity to West Ryde train station, providing easy access to major employment hubs including Macquarie Park. With quality schools, parks, and community facilities like the Melrose Park Bowling Club, it maintains a strong family-friendly atmosphere. The area has experienced steady property growth over recent years, supported by limited apartment stock and strong rental demand. Its strategic location offers the perfect balance of suburban tranquility and urban accessibility, making it increasingly popular among buyers seeking value in Sydney's competitive market.

Strengths

  • Excellent transport connectivity with bus services and proximity to West Ryde station
  • Strong family appeal with quality schools and recreational facilities
  • Culturally diverse and established community with local amenities
  • Strategic location providing access to major employment hubs

Opportunities

  • Planned infrastructure improvements as part of broader Ryde development
  • Potential for property value appreciation due to strategic location
  • Growing demand from professionals working in nearby business districts
  • Development potential for suitable sites given zoning regulations

Considerations

  • Limited direct rail access requiring bus connections to train stations
  • Increasing traffic congestion on Victoria Road during peak hours
  • Competition from nearby suburbs with more extensive amenities
  • Aging housing stock in some areas requiring renovation investment

Property Market

Median House

$1.45M

+5.2% 1yr

Median Unit

$750K

+4.8% 1yr

Median Townhouse

$1.15M

Rent (House)

$900/wk

Rent (Unit)

$650/wk

Days on Market

35

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+5.2%+18.5%+35.2%
Unit+4.8%+16.2%+28.5%

Rental Yields

House Yield

3.2%

Unit Yield

4.5%

Townhouse Yield

3.8%

Investment Scorecard

Overall Investment Score75/100
Growth Potential78/100
Cashflow Score68/100
Risk Score (lower = safer)72/100
Affordability Index55/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Melrose Park at median house price

Standard transfer
$62,140
First Home Buyer
$62,140
Foreign buyer surcharge
$116,000

+8% surcharge

Annual rent income
$46,800

$900/wk

Interest (80% LVR @ 6.5%)
-$75,400
Other expenses (~2.5%)
-$36,250
Net rental position
-$64,850

Negatively geared

Tax benefit (39% MTR)
+$25,292

Reduces taxable income

After-tax holding cost
$39,559/yr

~$761/week

Based on 7.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.04M
Capital gain
$518,114
After discount
$259,057
CGT payable
$101,032

10-Year Hold

Est. value
$2.86M
Capital gain
$1.34M
After discount
$671,830
CGT payable
$262,014

Investor Quick Summary

Entry cost (stamp duty)

$62,140

After-tax yield

1.95%

Weekly holding cost

$761/wk

10yr CGT (est.)

$262,014

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

4,200

Median Age

37

Median Income

$85K

per annum

Family Households

68.0%

Professionals

48.0%

University Educated

45.0%

Unemployment

4.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 75%Units: 15%Townhouses: 10%Total: 1,650

Lifestyle & Community

Walkability65/100
Public Transport7/10
Schools Rating7/10
Safety8/10
Family Friendly8/10
Cafes & Restaurants

12

Parks

5

Hospitals

1

Distance to CBD

15.0 km

Nearest Station: West Ryde Station

Relaxed suburban lifestyle with access to parks, community clubs, local shopping, and recreational facilities. Strong sense of community with various cultural and sporting activities.

Interested in Melrose Park?

Get a personalised buyer brief with AI-powered property intelligence for this suburb.

Data sourced from multiple sources. Last updated 28 March 2026.

Browse all suburbsContact DING