OFF MARKET

4/264 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 164m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 4/264 Melrose Dr, Tullamarine

4/264 Melrose Dr, Tullamarine is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 164m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1980
Floor Size
120m2
Land Size
164m2
Local Government
Hume
Lot/Plan
4/RP15240

Last Listing description (June 2022)

Presenting a neat and tidy villa unit in Tullamarine that offers excellent value in a sought-after location. This low-maintenance, single level home will appeal to those entering the market as well as downsizers and investors alike.

The floorplan consists of two good-sized bedrooms - one with adjoining semi-ensuite - a full bathroom with separate toilet, an L-shaped open plan living, dining and kitchen, laundry room with external access, and a single lock-up garage. The one adjoining wall is between two garages, ensuring your privacy.

A calming neutral interior design and beautiful polished floorboards create a cosy and comfortable living area that flows onto the generous-sized kitchen, which features an electric stove and oven and offers ample bench and storage space. Other standout features include a gas wall furnace in the living room, and curtains and blinds throughout.

Enjoy soaking up the winter sun in the low maintenance north/east facing yard. Instead of spending all weekend on yard work, spend your time in one of the many green spaces in the area or visit the local Essendon Football club or Urban surf, which are both just a few minutes down the road.

Located at the rear of the complex and set back from the road, this quiet townhouse is close to Tullamarine primary school, shopping strip and just 300m from a bus stop that connects you to tram and airport. Westfield Airport West is a bus trip or 10-minute drive away for all your shopping needs, while Melrose Drive connects you to arterial roads for easy access to Melbourne international airport and the CBD.

This villa unit offers excellent potential - come in and see for yourself. Call today to inspect.

Property History for 4/264 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$390,000
07 Jun 2021
Listed for Rent
$320/w
01 Mar 2019
  • 07 Jun 2021
    Sold for $390,000
  • 30 Apr 2021
    Listed for Sale Contact Agent
  • 01 Mar 2019
    Listed for Rent $320 / week
Sign in to see more transactions

Commute Calculator

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, 196 properties were sold in the past 12 months in Tullamarine.

Suburb Insights for Tullamarine 3043

Market Insights
Tullamarine Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Tullamarine Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.