251 Buster RoadMelrose TAS 7310
Property Details for 251 Buster Rd, Melrose
Last Listing description (March 2022)
Knight Frank offer this incredible opportunity of a property with features that epitomises Tasmania's lifestyle. The property is ideally suited as a secondary grazing block with fertile river flats and undulating grazing land.
- Northerly and Easterly views encompassing Bass Strait and
- 125 Ha of agricultural land with Don River frontage
- Rural Residential subdivision occurring around the property
- Grazing/Cropping/Dairying past uses of the farming land
- Private Rhododendron Garden with
streams/springs/dams/waterfalls & Man-fern forest.
- 21.1 Ha Nature Conservation Reserves.
- 10Km to Latrobe or Devonport City Centre
An opportunity to acquire a farming operation which offers the buyer so much more with land banking/development quickly progressing in the immediate area.
Property History for 251 Buster Rd, Melrose, TAS 7310
- 09 Dec 2021Listed for Sale By offers over $2.3 million
- 07 Jun 2017Sold for $290,000
- 23 Dec 2006Sold for $285,000
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About 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 93.45% increase in median value. As at 31 January 2026:
- The median value for Houses in Melrose is $875,091 while the median value for Units is $365,441.
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