Property Details for 18-20 Stuart St, Melrose
Last Listing description (August 2014)
Leasehold
* Historic, Character hotel at the foot of Mt Remarkable
* Strong tourist town gateway to Flinders Ranges
* Good dining facilities
* 6 gaming machines
* 6 motel rooms
* Beer garden, licensed verandah
* Owners accommodation
* Large land holding
* Excellent financials, very profitable
* Suit single operator, couple or family.
$395,000 + SAV
Property History for 18-20 Stuart St, Melrose, SA 5483
- 17 Jan 2013Listed for Sale $420,000 + SAV
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About Melrose 5483
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 2011 was 406 people. By 2016 the population was 349 showing a population decline of 14.0% 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 2011, 81.5% of the homes in Melrose were owner-occupied compared with 83% in 2016.
Melrose has 364 properties. Over the last 5 years, Houses in Melrose have seen a 63.53% increase in median value. As at 31 October 2024:
- The median value for Houses in Melrose is $275,894 while the median value for Units is $328,599.
Suburb Insights for Melrose 5483
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