Melrose Suburb Profile

Tasmania 7310

Melrose has 48 properties. Over the last 5 years, Houses in Melrose have seen a 77.61% increase in median value, while Units have seen a 7.19% increase. As at 30 November 2024:

• The median value for Houses in Melrose is $741,499 while the median value for Units is $365,441.

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..