1/14 Melrose StreetSouth Tamworth NSW 2340
Property Details for 1/14 Melrose St, South Tamworth
1/14 Melrose St, South Tamworth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 797m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (September 2022)
1/14 Melrose Street is a solid, well-maintained two-bedroom unit boasting a low maintenance lifestyle. A functional, practical design of generous proportions. With a quality, long standing tenant in place, lease expires December 1st 2022, this property is ideal for the savvy investor or alternatively a great entry level opportunity for a first home buyer at an affordable price tag!
Features include :
Private alfresco
Established gardens
Built-ins in both bedrooms
Spacious kitchen & bathroom
Separate laundry
Heating & cooling
Currently rented for $250 per week new Rental appraisal $280 - $300 per week.
Rates are $2000 per annum
Strata fees $2,320 per annum
Conveniently located in a quiet street, only a short drive to the CBD, local schools and shopping centres, this property will delight even the most discerning buyer. I look forward to hearing from you.
Land size 267m2
Rental appraisal $280 - $300 per week
Property History for 1/14 Melrose St, South Tamworth, NSW 2340
- 16 Aug 2022Sold for $284,000
- 27 Jul 2022Listed for Sale SOLD - $284,000
- 25 Jun 2019Sold for $172,000
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0About South Tamworth 2340
The size of South Tamworth is approximately 6 square kilometres. It has 21 parks covering nearly 6.3% of total area. The population of South Tamworth in 2011 was 6,692 people. By 2016 the population was 6,547 showing a population decline of 2.2% in the area during that time. The predominant age group in South Tamworth is 20-29 years. Households in South Tamworth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Tamworth work in a labourer occupation. In 2011, 54.3% of the homes in South Tamworth were owner-occupied compared with 50.8% in 2016.
South Tamworth has 3,582 properties. Over the last 5 years, Houses in South Tamworth have seen a 58.97% increase in median value, while Units have seen a 61.09% increase. As at 31 October 2024:
- The median value for Houses in South Tamworth is $422,169 while the median value for Units is $342,665.
- Houses have a median rent of $415 while Units have a median rent of $300.
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