SOLD
Sold on 01 Jun 2024 for $645,000

2/127 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 572m2
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Property Details for 2/127 Melrose Dr, Tullamarine

2/127 Melrose Dr, Tullamarine is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 572m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Tullamarine in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
88m2
Land Size
572m2
Local Government
Hume
Lot/Plan
2/PS813446

Last Listing description (April 2020)

EXPRESSIONS OF INTEREST - CLOSING 28 APRIL AT 6PM

***This property is available for inspection by appointment. Please contact us to arrange a suitable time***

An ideal first home or astute investment opportunity, this single-level villa is a perfect choice either way with its generous floorplan, immaculate presentation and high ceilings throughout - all in a prime location with the area's key lifestyle attractions close by. Well back from the street (on the service road), the home's light-filled interior comprises two sizeable bedrooms (both with full-width robes), spotless central bathroom and separate WC. Adding to its appeal is a spacious lounge leading through to the open dining area and adjoining kitchen complete with breakfast bar, tiled splashbacks and new stainless steel cooking appliances. Along with ducted heating and split-system air conditioning for year-round comfort, the home also features new carpets and blinds throughout, NBN connection and a full-size laundry, plus a large north-facing courtyard with rear access into the lock-up garage. Moments from Melrose Drive buses and vibrant shopping strip, it's also walking distance to Matthews Avenue trams and Westfield Shopping Centre, close to local parks and schools, as well as easy access to Melbourne Airport, Western Ring Road and Tullamarine Freeway.

*** COVID-19 Announcement ***
If you're attending a Private Appointment, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team members, and if requested wait outside until the property is ready for the appointment. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you.

Property History for 2/127 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$645,000
01 Jun 2024
Listed for Rent
$330/w
15 Mar 2017
  • 01 Jun 2024
    Sold for $645,000
  • 18 Apr 2020
    Sold for $430,000
  • 30 Mar 2020
    Listed for Sale EOI - $395,000 - $430,000
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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 5,838 properties. Over the last 5 years, Houses in Tullamarine have seen a 15.60% increase in median value, while Units have seen a 16.44% increase. As at 31 October 2024:

  • The median value for Houses in Tullamarine is $727,905 while the median value for Units is $535,000.
  • Houses have a median rent of $540 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 195 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.