NEW PRICING
A great opportunity to purchase a well cared for three bedroom home in the centre of the beautiful town of Melrose. The home has a modern kitchen with plenty of cupboard space, two living areas and there is ducted air conditioning plus a slow combustion fire. The gabled verandah over the back deck is a great area for entertaining and the family BBQ. There is a garage at the rear of the corner allotment plus some off street parking. The home has a solar hot water service and 3.42kw solar panels.
With the prominent position of the property in this busy tourist town there is plenty of potential for the front section to be transformed into any style of business or it could be used as a part of the residence.
RLA102485
The size of Melrose is approximately 328.9 square kilometres. It has 2 parks covering nearly 11.1% of total area. The population of Melrose in 2016 was 347 people. By 2021 the population was 342 showing a population decline of 1.4% in the area during that time. The predominant age group in Melrose is 60-69 years. Households in Melrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melrose work in a managers occupation.In 2021, 85.30% of the homes in Melrose were owner-occupied compared with 83.00% in 2016.
Melrose has 356 properties. Over the last 5 years, Houses in Melrose have seen a 66.05% increase in median value. As at 30 November 2025:
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