OFF MARKET

1/314 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 448m2
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Property Details for 1/314 Melrose Dr, Tullamarine

1/314 Melrose Dr, Tullamarine is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 448m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
House
Year Built
1970
Floor Size
130m2
Land Size
448m2
Local Government
Hume
Lot/Plan
1/PS345390

Last Listing description (June 2016)

Beyond its established front garden and attractive facade, this impressive triple-fronted home delivers a ready-to-enjoy lifestyle of surprising space, versatility and convenience. Light and bright interior comprises four bedrooms (three with built-in robes), updated ensuite and main central bathroom, formal lounge with open fireplace through to the dining area and contemporary-style kitchen with stainless steel appliances and ample cupboard space, plus a huge rear living room also with open fireplace. Add to this ducted heating and evaporative cooling, polished hardwood floors, keyless entry, large laundry, as well as a private north-facing courtyard with undercover entertaining area and secure tandem double carport (remote-controlled) via gated side driveway. Close to public transport and shopping precincts, local schools and parks, easy access to Melbourne Airport and major arterials including Tullamarine Freeway and Airport Drive.

Property History for 1/314 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$456,000
09 Mar 2016
  • 09 Mar 2016
    Sold for $456,000
  • 21 Oct 2015
    Listed for Sale Private Sale $469,000
  • 28 Mar 2008
    Listed for Sale $280,000 - $290,000
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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 5,848 properties. Over the last 5 years, Houses in Tullamarine have seen a 19.27% increase in median value, while Units have seen a 12.46% increase. As at 31 August 2024:

  • The median value for Houses in Tullamarine is $725,091 while the median value for Units is $507,193.
  • Houses have a median rent of $525 while Units have a median rent of $490.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Tullamarine.

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