SOLD
Sold on 18 Jun 2024 for $350,000

5/22 Garden Drive
Tullamarine VIC 3043

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 893m2
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Property Details for 5/22 Garden Dr, Tullamarine

Building Type
Commercial
Land Size
893m2
Local Government
Hume
Lot/Plan
5/SP35620

Last Listing description (March 2021)

Rental: $11,500 P.A plus GST & Outgoings (approx $4,500 p.a)

Centrally located with easy access to the Western Ring Road


Wide street frontage of 9m (approx)

Floor area: 100 sqm (approx)

Zoning: Commercial 2

Rear roller door access

Male & female amenities and ample public car parking

Property History for 5/22 Garden Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$350,000
18 Jun 2024
Listed for Rent
$220/w
23 Mar 2021
  • 18 Jun 2024
    Sold for $350,000
  • 21 Jul 2021
    Sold for $270,000
  • 23 Jun 2020
    Listed for Rent $11,500 / year
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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 5,848 properties. Over the last 5 years, Houses in Tullamarine have seen a 19.27% increase in median value, while Units have seen a 12.46% increase. As at 31 August 2024:

  • The median value for Houses in Tullamarine is $725,091 while the median value for Units is $507,193.
  • Houses have a median rent of $525 while Units have a median rent of $490.
There are currently 11 properties listed for sale, and 8 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 211 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.