OFF MARKET

28 Nott Street
Melrose SA 5483

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 225m2
Land area: 740m2
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Property Details for 28 Nott St, Melrose

Building Type
Commercial
Year Built
1927
Floor Size
225m2
Land Size
740m2
Local Government
Mount Remarkable
Lot/Plan
A834/F184916

Last Listing description (October 2021)

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

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Property History for 28 Nott St, Melrose, SA 5483

A timeline of how this property has performed in the market
Last Sold
$298,000
24 Sep 2021
  • 24 Sep 2021
    Sold for $298,000
  • 29 Aug 2017
    Listed for Sale $298,000
  • 13 Nov 2013
    Listed for Sale 450000
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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 366 properties. Over the last 5 years, Houses in Melrose have seen a 47.94% increase in median value. As at 31 August 2024:

  • The median value for Houses in Melrose is $255,436 while the median value for Units is $231,675.
There are currently no properties listed for sale, and no properties listed for rent in Melrose on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Melrose.

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