OFF MARKET

3/338 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 174m2
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Last updated 11 Nov 2024
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Property Details for 3/338 Melrose Dr, Tullamarine

3/338 Melrose Dr, Tullamarine is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 174m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
2011
Floor Size
90m2
Land Size
174m2
Local Government
Hume
Lot/Plan
3/PS641251

Last Listing description (September 2020)

Positioned in Tullamarine's most sought after locations this is the unit you have been looking for. Comprising; two well sized bedrooms both with built in robes, great sized living area, and kitchen with ample cupboard space that overlooks a perfect sized meals area, central bathroom and laundry. Other features include; single car garage ducted heating evaporative cooling vacuum system and a great sized court yard. Walking distances to schools, cafes and Essendon Football Club, with easy access to freeways/Ring Road. This unit is ideal for the first home buyer or investor [currently leased at $1560 pcm till 6/09/2019] wanting to purchase quality property in renowned Tullamarine. Inspection is a must!!!

Property History for 3/338 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$472,000
28 Mar 2019
Listed for Rent
$360/w
20 Aug 2018
  • 09 Apr 2020
    Listed for Sale Not Disclosed
  • 28 Mar 2019
    Sold for $472,000
  • 01 Oct 2018
    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 14 properties listed for sale, and 10 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Tullamarine.

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