Melrose Park
Kellock Road · D10 · Core central region · Condominium
The median sale at Melrose Park was $4,300,000 — $2,624 psf — across nine transactions between Nov 2021 and May 2026. 999-year lease from 1877.
Figures here are based on just nine sales, which is too few to call a market rate.
Melrose Park saw three sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021one sale$2361
- 2022one sale$2081
- 2023one sale$2555
- 2025three sales$2624
- 2026three sales$2824
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $3,050,000 | $2,361 psf | 1 |
| 2022 | $6,900,000 | $2,081 psf | 1 |
| 2023 | $3,300,000 | $2,555 psf | 1 |
| 2025 | $4,300,000 | $2,624 psf | 3 |
| 2026 | $4,620,000 | $2,824 psf | 3 |
What it rents for
URA’s median of rental contracts lodged at Melrose Park in 2026Q1, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D10
- D'leedon · $1,933 psf
- Upperhouse At Orchard Boulevard · $3,332 psf
- Amberwood At Holland · $3,020 psf
- Valley Park · $2,138 psf
- The Draycott · $2,275 psf
- Leedon Green · $2,844 psf
- Spring Grove · $1,757 psf
- Fourth Avenue Residences · $2,517 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.