Melrose SA Property Investment
Mount Remarkable · 5483 · Score: 51/100 · Hold
Melrose Short-Term Rental (Airbnb) Market
Melrose SA Investment Brief
HOLD — 2.6% gross yield on a $356,188 (pending peer validation) median.
THE MARKET
Melrose has compounded at 7.0%/yr over 5 years. Median sits in the $356,188 (pending peer validation) band today. Properties are sitting on market for 30 days (roughly balanced conditions).
- Median house: $356,188 (pending peer validation) | Units: $270,550
- Gross yield: 2.6% | Net yield: 1.1%
- 5yr price CAGR: 7.0%/yr | 3yr forecast: 13.5%/yr
- Population: 342 | Owner-occupier rate: 85% | Affluence: High
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 1.8% (improving) | Rental demand: High
- Median weekly rent: $180/wk | Days on market: 30 (stable)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $522/night | Occupancy: 42%
- Estimated annual STR gross: ~$80,013/yr
- vs long-term rent: $9,360/yr (+755% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Woolshed Flat station 43.5km away
BULL CASE
If Melrose maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $409,616 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Melrose pull back 10-15% from $356,188, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.
KEY RISKS
- Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- Cummins (SA): $438,044 median, 2.1% yield, 11.4% 1yr growth
- Elliston (SA): $341,559 median, 3.0% yield, 20.4% 1yr growth
- Jamestown (SA): $378,681 median, 5.7% yield, -1.5% 1yr growth
THE PLAY
Melrose offers balanced fundamentals but does not present an urgent buying signal. The market is in a above_trend phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $320,569 – $391,807
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 7.0% + 10yr CAGR 5.7%
- +Low rental vacancy (1.8%) — constrained supply
- −Population decline (-0.3%/yr) — demand headwind
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
6
2020
7
2021
12
2022
4
2023
4
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 5483
Decile 7 of 10 — Average
Population
342
Education (IEO)
7/10
Econ. Resources (IER)
6/10
10-Year Investment Projection
Modelled on Melrose SA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $180/wk median rent for Melrose. Capital growth and rent increase are editable assumptions.
Nearby Suburbs
Analyse a Property in Melrose
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.