SOLD
Sold on 01 Jun 2024 for $645,000

3/127 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 3/127 Melrose Dr, Tullamarine

3/127 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 (January 2019)

Impressive space, quality features and a supremely convenient location illustrate the appeal of this rear villa providing a terrific low-maintenance lifestyle that's ideal for first-time buyers and savvy investors alike. Set well back from the street (on the service road), the home's pristine interior comprises two generous bedrooms (both with built-in robes), central bathroom and separate WC, light-filled open living/dining area and adjoining kitchen with breakfast bar and gas cooktop. Other highlights include ducted heating throughout, NBN connection, new carpets and blinds, full-size laundry, plus a spacious and sunny north-facing courtyard garden complete with rear access into the garage. Moments from local parks, buses and Melrose Drive's vibrant shopping strip, it's also walking distance to Matthews Avenue trams and Westfield Shopping Centre as well as easy access to Melbourne Airport, Western Ring Road and Tullamarine Freeway.

Property History for 3/127 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
26 Oct 2018
  • 01 Jun 2024
    Sold for $645,000
  • 18 Apr 2020
    Sold for $430,000
  • 15 Dec 2018
    Sold for $418,000
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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.

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