Property Auction Result 11 Melrose St, Richmond TAS 7025

11 Melrose St, Richmond TAS 7025

Land

11 Melrose St, Richmond TAS 7025

Passed In `$1,760,000` on 13 Aug 2016

Distance To CBD: 18.78 km
Measure Land Size
Agency: Biggin & Scott
Nearby Sold Price

Stamp Duty
Loan Repayment

Stamp Duty

^$74,701

*based on property value $1,760,000 for investment

Mortgage registration fee ^$125

Transfer fee ^$191

Stamp duty on property ^$74,385

Monthly Repayment

^$ 7,558

*based on loan amount $1,408,000 for principal and interest

Total interest payable ^$1,313,041

Loan Term 30 years

Annual Interest Rate 5.00%

Top Sales - Unit- Last 12 months updated 24 Apr 2024

Rank	Address	Sold Price	Type
1	1/9 Napoleon Street Richmond 7025	`$665,000`	villa	2	1	Aug 2023
2	1/28 Bridge Street Richmond 7025	`$480,000`	apartment	2	1	May 2023
3	Lot 1 Richmond 7025	`$465,000`	residential land	0	0	Sep 2023
4	307a Back Tea Tree Road Richmond 7025	`$455,000`	residential land	0	0	Feb 2024
5	16 Henry Street Richmond 7025	`$400,000`	residential land	0	0	Mar 2024
6	Lot 2 Richmond 7025	`$290,000`	residential land	0	0	May 2023

Similar Sold Properties

Address	Type					Sold Price
16 Henry Street Richmond 7025	residential land	0	0	0	Mar 2024	`$400,000`
307a Back Tea Tree Road Richmond 7025	residential land	0	0	0	Feb 2024	`$455,000`
Lot 1 Richmond 7025	residential land	0	0	0	Sep 2023	`$465,000`
Lot 2 Richmond 7025	residential land	0	0	0	May 2023	`$290,000`
30a Percy Street Richmond 7025	residential land	0	0	0	Jan 2023	`$355,000`
10a Franklin Street Richmond 7025	residential land	0	0	0	Nov 2022	`$380,000`
Lot 4 Richmond 7025	residential land	0	0	0	Oct 2022	`$450,000`
Lot 3 Richmond 7025	residential land	0	0	0	Feb 2022	`$1,123,000`

Richmond, TAS 7025 (`18.68 km` to CBD)

Median House Price

$865,000

Median Unit Price

$881,850

Surrounding Suburbs

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