OFF MARKET

251 Buster Road
Melrose TAS 7310

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 244m2
Land area: 1232m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Sep 2024
Low

High
Save

Property Details for 251 Buster Rd, Melrose

251 Buster Rd, Melrose is a 3 bedroom, 2 bathroom House and was built in 1971. The property has a land size of 1232m2 and floor size of 244m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1971
Floor Size
244m2
Land Size
1232m2
Local Government
Devonport
Lot/Plan
1/124369

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

surrounding farm land
- 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

A timeline of how this property has performed in the market
Last Sold
$290,000
07 Jun 2017
  • 09 Dec 2021
    Listed for Sale By offers over $2.3 million
  • 07 Jun 2017
    Sold for $290,000
  • 23 Dec 2006
    Sold for $285,000
Sign in to see more transactions

Commute Calculator

About Melrose 7310

The size of Melrose is approximately 12.1 square kilometres. It has 2 parks. The population of Melrose in 2011 was 1,024 people. By 2016 the population was 81 showing a population decline of 92.1% in the area during that time. The predominant age group in Melrose is 40-49 years. Households in Melrose are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melrose work in a trades occupation. In 2011, 83.3% of the homes in Melrose were owner-occupied compared with 92.6% in 2016..

Melrose has 48 properties. Over the last 5 years, Houses in Melrose have seen a 85.12% increase in median value, while Units have seen a 7.19% increase. As at 31 August 2024:

  • The median value for Houses in Melrose is $672,991 while the median value for Units is $365,441.
There are currently no properties listed for sale, and no properties listed for rent in Melrose on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Melrose.

Suburb Insights for Melrose 7310

Market Insights
Melrose Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Melrose Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.