OFF MARKET

356 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 394m2
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Property Details for 356 Melrose Dr, Tullamarine

356 Melrose Dr, Tullamarine is a 3 bedroom, 1 bathroom House and was built in 2001. The property has a land size of 394m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
2001
Floor Size
110m2
Land Size
394m2
Local Government
Hume
Lot/Plan
1/PS438024

Last Listing description (April 2023)

In original condition and in need of a makeover, this undercapitalised property is full of untapped potential. Situated on a 395m2 corner block opposite Essendon Football Club, this classic brick and tile home is a prime opportunity to get a foothold in the Tullamarine market as a first home buyer, investor or developer. While the planning permit has now expired, there's established potential to construct a two-dwelling townhouse block (with new approval) as per the expired plans.

The floorplan comprises three bedrooms, a bathroom with separate bath and shower and separate toilet, a lounge room with a fireplace, dining room, kitchen, and separate laundry room with yard access. Hardwood floorboards flow throughout, providing the foundation for an attractive contemporary makeover.

Established hedges frame the grassy front yard, with space for a garden or to sit and soak up the sun. A covered entertaining area provides a sheltered spot for the kids to play or for enjoying a barbeque with friends.

There's off-street parking in the driveway, with gated drive-through access to the yard. Additional features include NBN, blinds and curtains, a electric cooktop and oven, a linen closet, and built-in robes in the main bedroom.

Located directly opposite Essendon Football Club, you'll never feel hemmed in by development with the sports fields as your outlook. Tullamarine shopping strip, Gladstone Park shops, and Westfield Airport West are all a few minutes away to meet all your shopping needs. Also close by is Tullamarine Primary School, UrbnSurf, and parks. Commuting is hassle-free, with a bus stop just metres down the road and easy connectivity to major arterial roads.

Close to amenities and packed with potential, this is an opportunity to secure your future. Call today for an inspection.
Classic brick home, original condition
395m2 corner block with front garden
Opposite Essendon Football Club
3 beds + 1 bath + 1 separate toilet
Lounge with fireplace + dining room
Kitchen with gas stove, laundry room
Undercover area, drive-through access
Floorboards, NBN, window furnishings
Close to shops, schools, & UrbnSurf
Short 5-min drive to Melbourne airport
Bus stop + major arterial roads nearby
Potential to develop into 2 townhomes
Original planning permit now expired
17m2 dwelling 1: 3 bed + 2 bath + 1 car
13.5m2 dwelling 2: 2 bed + 2 bath + 1 car
Prime opportunity to enter the market

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Property History for 356 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$500,000
14 Mar 2023
Listed for Rent
$300/w
12 Mar 2016
  • 14 Mar 2023
    Sold for $500,000
  • 28 Jan 2023
    Listed for Sale $525,000
  • 24 Feb 2016
    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 5,832 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 8 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Tullamarine.

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