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FOR SALE
$275,000 to $295,000

7/149 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Sat 22 Mar
10:30 am - 10:45 am
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Invest Here!!

This first floor 1 bedroom apartment in secure block is leased until 29/8/25 at $1,474pcm (approx).
A neat and tidy floorplan comprising; kitchen with great bench space, lounge with floating floors. Sparkling bathroom with laundry facilities. Spacious bedroom with B.I.R's, remote carpark, and secure intercom entrance. In a small, classic block of only 10.
Short stroll to shops, close to freeway access and airport.
A prime investment opportunity!
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Property Details for 7/149 Melrose Dr, Tullamarine

7/149 Melrose Dr, Tullamarine is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Walshe & Whitelock.

Building Type
Apartment

Property Features

Built-in wardrobes
Secure parking

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About Tullamarine 3043

The size of Tullamarine is approximately 7.5 square kilometres. It has 10 parks covering nearly 3.4% of total area. The population of Tullamarine in 2011 was 6,271 people. By 2016 the population was 6,649 showing a population growth of 6.0% in the area during that time. The predominant age group in Tullamarine is 30-39 years. Households in Tullamarine are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tullamarine work in a clerical occupation. In 2011, 66.5% of the homes in Tullamarine were owner-occupied compared with 62.4% in 2016.

Tullamarine has 5,905 properties. Over the last 5 years, Houses in Tullamarine have seen a 7.94% increase in median value, while Units have seen a 4.25% increase. As at 28 February 2025:

  • The median value for Houses in Tullamarine is $719,005 while the median value for Units is $496,084.
  • Houses have a median rent of $585 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 17 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Tullamarine.

Tullamarine Profile Page

What's around 7/149 Melrose Dr, Tullamarine

7/149 Melrose Dr, Tullamarine is in the school catchment zone for Tullamarine Primary School and Gladstone Park Secondary College.

Nearby Schools
Comparable Properties
Tullamarine Primary School
0.46km
Tullamarine 3043
IN CATCHMENTPrimaryGovernmentP - 6Combined336 Enrolled
School of the Good Shepherd
1.42km
Gladstone Park 3043
PrimaryNon-GovernmentP - 6Combined347 Enrolled
Gladstone Park Secondary College
1.86km
Gladstone Park 3043
IN CATCHMENTSecondaryGovernment7 - 12Combined1621 Enrolled
Gladstone Park Primary School
1.89km
Gladstone Park 3043
PrimaryGovernmentP - 6Combined461 Enrolled
Gladstone Views Primary School
2.12km
Gladstone Park 3043
PrimaryGovernmentP - 6Combined399 Enrolled
Glenroy West Primary School
2.24km
Glenroy 3046
PrimaryGovernmentP - 6Combined241 Enrolled
Penola Catholic College - Glenroy Campus
2.26km
Glenroy 3046
SecondaryNon-GovernmentCombined Enrolled
Essendon Keilor College-Niddrie Campus
2.86km
Airport West 3042
SecondaryGovernmentCombined Enrolled
Niddrie Primary School
2.93km
Airport West 3042
PrimaryGovernmentP - 6Combined282 Enrolled
Oak Park Primary School
3.01km
Oak Park 3046
PrimaryGovernmentP - 6Combined408 Enrolled

Suburb Insights for Tullamarine 3043

Visit Tullamarine profile page
Market Insights
Tullamarine Trends for Houses
Median Value

$719k

3.41%
View Trend
Median Growth

-2.37%

View Trend
Median Rent

$585/W

19.39%
View Trend
Rental Yield

4.07%

16.62%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (03/24 - 02/25)
Tullamarine Trends for Units
Median Value

$496k

4.40%
View Trend
Median Growth

-5.32%

View Trend
Median Rent

$500/W

8.70%
View Trend
Rental Yield

5.05%

10.75%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (03/24 - 02/25)
Neighbourhood Insights
Age

Population 6,649

0-9

 

11%

10-19

 

8%

20-29

 

16%

30-39

 

16%

40-49

 

13%

50-59

 

12%

60-69

 

12%

70-79

 

8%

80-89

 

3%

Household Structure
Occupancy
Visit Tullamarine profile page
Contact agent
Michael Sowersby
Show contact details
Peter Sowersby
Show contact details
Walshe & Whitelock
Preferred contact:
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.

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