296 Serpentine Rd, Mount Melville is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1968. The property has a land size of 1592m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Perched high on Mt Melville about 2km from Albany town centre, this property takes in sensational panoramic views from the Porongurup Ranges, over the sports fields of North Road, and around to King George Sound, Mt Clarence, the city and Albany port.
Though the 1968-built brick and tile home is dated, it is as solid as the granite it sits on, and it offers many options for new owners or investors to capitalise on its prime position and reap myriad rewards.
Renovating the existing home would pay dividends, particularly if the layout were remodelled to relocate the living spaces at the back, where the amazing views are.
The size of Mount Melville is approximately 2.9 square kilometres. It has 5 parks covering nearly 32% of total area. The population of Mount Melville in 2011 was 1,079 people. By 2016 the population was 1,084 showing a population growth of 0.5% in the area during that time. The predominant age group in Mount Melville is 60-69 years. Households in Mount Melville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Melville work in a professional occupation. In 2011, 53.6% of the homes in Mount Melville were owner-occupied compared with 58% in 2016.
Mount Melville has 740 properties. Over the last 5 years, Houses in Mount Melville have seen a 69.17% increase in median value, while Units have seen a 30.14% increase. As at 31 October 2024:
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