INVESTMENT POTENTIAL & DEVELOPMENT POTENTIAL
Lot 82 Melrose Road is sure to spark interest amongst the real estate world, with future potential of a coastal town often discussed.
For Sale is,
Potential development (subject to approval) options include,
- 5x 1,250 sqm (50m x 25m) allotments on northern side & 3x 1,200 sqm (40m x 30m) allotments on the southern side
Crunch the numbers, see the opportunity, and make Lot 82 Melrose Road yours today.
Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
RLA 62833
The size of Cowell is approximately 635.4 square kilometres. There are 16 parks, covering nearly 4.0% of the total area. The population of Cowell in 2016 was 1109 people. By 2021 the population was 1124 showing a population growth of 1.4% in the area during that time. The predominant age group in Cowell is 60-69 years. Households in Cowell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cowell work in a managers occupation.In 2021, 71.00% of the homes in Cowell were owner-occupied compared with 70.90% in 2016.
Cowell has 1,024 properties. Over the last 5 years, Houses in Cowell have seen a 140.36% increase in median value, while Units have seen a 16.56% increase. As at 31 May 2026:
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