189 Buster RoadMelrose TAS 7310
Property Details for 189 Buster Rd, Melrose
Last Listing description (November 2024)
Great central coastal property only 15 minutes to Devonport City, ferry terminal and close to airport.
Predominantly used as a grazing-fattening enterprise, this property has tremendous potential to a wide variety of agricultural pursuits. "Gerrands" features over 2km of full Don River frontage with approximately 10 hectares of river flats. Undulating grazing land is approximately 85 hectares and balance of 8 hectares quality bushland and stock shelter. An area of 21 hectares of bushland has been set aside for conservation purposes.
Water is from Don River, dam and numerous springs plus bore for additional stock water. Sheep yards, barn and machinery shed.
"Gerrands" represents a great opportunity to obtain a substantial and versatile acreage so close to the coast.
Property History for 189 Buster Rd, Melrose, TAS 7310
- 05 Dec 2022Listed for Sale $2,200,000
- 10 Mar 2022Listed for Sale $2,250,000
- 15 May 2018Sold for $1,000,000
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0About Melrose 7310
The size of Melrose is approximately 12.1 square kilometres. It has 2 parks. The population of Melrose in 2016 was 102 people. By 2021 the population was 94 showing a population decline of 7.8% in the area during that time. The predominant age group in Melrose is 10-19 years. Households in Melrose are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Melrose work in a managers occupation.In 2021, 81.80% of the homes in Melrose were owner-occupied compared with 92.60% in 2016.
Melrose has 48 properties. Over the last 5 years, Houses in Melrose have seen a 83.32% increase in median value. As at 30 November 2025:
- The median value for Houses in Melrose is $818,612 while the median value for Units is $365,441.
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