Melrose, located in the Mount Remarkable region of South Australia, offers a unique and charming housing market characterized by its blend of historical architecture and modern conveniences. The town is perfect for those looking to escape the hustle and bustle of city life, providing a serene and picturesque setting nestled at the base of Mount Remarkable. The housing market in Melrose is relatively affordable compared to larger urban areas, attracting both families and retirees with its selection of quaint cottages, older heritage homes, and some newer developments. As a small, close-knit community, Melrose offers an appealing lifestyle for those who appreciate a more relaxed pace of life and the benefits of living in a tight-knit community.
Living in Melrose means enjoying a lifestyle deeply connected to nature, with an abundance of outdoor recreational activities available. Residents can explore the scenic trails of Mount Remarkable National Park, which offers opportunities for hiking, mountain biking, and wildlife watching in the lush South Australian countryside. The town itself has a range of amenities, including local shops, cafes, and a primary school, making it a convenient and family-friendly environment. Community events are a significant part of life in Melrose, with festivals and gatherings fostering a strong sense of camaraderie among residents. Overall, Melrose is ideal for those seeking a peaceful and community-centric living experience amidst the natural beauty of South Australia.
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Thinking about buying in Melrose? Now could not be a better time, with just 488 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $435,000 with prices in this suburb ranging from $95,000 to $613,000. The aproximate distance to the coast is 13 Km.
In Melrose there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Melrose is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Melrose leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Melrose to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Melrose we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Melrose a better buying opportunity than it may have been in the past.
Instant Property Valuation9 Church Street, Melrose, SA, 5483 | 3 | 1 | 1 | $320,000 | |
60 Shanks Road, Melrose, SA, 5483 | 3 | 1 | 2 | Registration of Interest Price Guide $480 000 |
Melrose Primary School
(While the above schools are located with the suburb of Melrose there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
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Jan | 0.3 | 19.8 | 35.2 | 20.0 | 66.5 | 6.5 | 28.9 |
Feb | 0.7 | 18.8 | 33.6 | 23.8 | 69.7 | 6.0 | 24.9 |
Mar | 0.4 | 16.9 | 30.0 | 29.2 | 72.3 | 5.4 | 20.7 |
Apr | 0.7 | 12.6 | 26.5 | 30.1 | 76.9 | 4.5 | 16.2 |
May | 0.6 | 8.3 | 21 | 39.4 | 85.9 | 3.9 | 11.8 |
Jun | 0.6 | 5.8 | 18.1 | 45.7 | 90.7 | 3.8 | 10.6 |
Jul | 0.6 | 4.3 | 18.2 | 42.1 | 91 | 4.0 | 11.0 |
Aug | 0.5 | 5.5 | 19.9 | 34.2 | 86.7 | 4.7 | 13.5 |
Sept | 0.9 | 8.8 | 25.3 | 23.9 | 78.2 | 5.4 | 19.2 |
Oct | 0.4 | 12.1 | 27.8 | 22.7 | 74.4 | 5.9 | 24.1 |
Nov | 0.4 | 14.7 | 30.8 | 19.3 | 71.2 | 6.2 | 27.5 |
Dec | 0.5 | 17.6 | 32.5 | 21.8 | 70.0 | 6.5 | 28.5 |
source: Australian Government Bureau of Meteorology
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