SOLD
Sold on 13 Mar 2024 for $320,000

20/226 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 44m2
Sold By
Jake Lisner
YPA Gladstone Park
Jeremy Pate
YPA Gladstone Park
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Property Details for 20/226 Melrose Dr, Tullamarine

20/226 Melrose Dr, Tullamarine is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 44m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Tullamarine in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
56m2
Land Size
44m2
Local Government
Hume
Lot/Plan
20/PS524765

Last Listing description (May 2024)

If you work close to the Airport, in the Airport or need convenience of living look no further this property ticks the boxes.

This cosy unit comprises of 1 bedroom, open plan kitchen and meals area, main bathroom with laundry.
Additional features include, split system heating & cooling and small balcony, close to Tullamarine Airport and shops and cafes on Melrose Drive.

Photo ID is to be provided at all inspections!

Property History for 20/226 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$320,000
13 Mar 2024
Listed for Rent
$300/w
21 Nov 2022
  • 02 May 2024
    Listed for Rent $385 / week
  • 13 Mar 2024
    Sold for $320,000
  • 08 Jun 2023
    Listed for Sale Not Disclosed
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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 5,834 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 13 properties listed for sale, and 10 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.