OFF MARKET

17/226 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 137m2
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Property Details for 17/226 Melrose Dr, Tullamarine

17/226 Melrose Dr, Tullamarine is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 137m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2003
Floor Size
58m2
Land Size
137m2
Local Government
Hume
Lot/Plan
17/PS524765

Last Listing description (December 2022)

Brilliant 1st home or Investment !

A very unique opportunity to become part of this blue chip location in Tullamarine, at a very, very affordable price to suit all first homebuyers and smart investors alike.


This secure ground floor apartment offers a bright updated layout including comfortable living & dining room, spacious kitchen with 600 mm s/s appliances and DW, robed bedroom & a bright bathroom. Features split system heating & cooling, tiled throughout, walk out to your undercover timber deck alfresco and courtyard plus a carport as a car accomodation. Nestled in a quiet block that's favoured by a convenient location within very easy access to Schools, Tullamarine Shops/Cafes, public transport, Airport West Westfield Shopping Town, Lamanna, Essendon Football Club, Melbourne Airport, freeway access & public transport.

This could be your last opportunity to secure a piece of Tullamarine in a rare price point, a fantastic opportunity for first home buyers & investors with potential rental return of up to $320 pwbe quick!

Land: Approx. 137 m2
Settlement: 30 or 60 days

Malek Younan - 0411 504 016
facebook.com/malek.younan.raywhite

Dom Zampaglione - 0414 453 365
dom.zampaglione@raywhite.com

Property History for 17/226 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$331,000
14 Dec 2022
Listed for Rent
$310/w
24 Jun 2021
  • 14 Dec 2022
    Sold for $331,000
  • 21 Nov 2022
    Listed for Sale *UNDER OFFER*
  • 21 Jun 2021
    Listed for Rent - Price not available
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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 5,798 properties. Over the last 5 years, Houses in Tullamarine have seen a 19.02% increase in median value, while Units have seen a 14.49% increase. As at 30 September 2024:

  • The median value for Houses in Tullamarine is $729,871 while the median value for Units is $514,862.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Tullamarine.

Suburb Insights for Tullamarine 3043

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.