OFF MARKET

5/368-370 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 178m2
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Property Details for 5/368-370 Melrose Dr, Tullamarine

5/368-370 Melrose Dr, Tullamarine is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 178m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1985
Floor Size
84m2
Land Size
178m2
Local Government
Hume
Lot/Plan
5/RP18886

Last Listing description (May 2022)

Presenting a fantastic opportunity for first home buyers, downsizers, or savvy investors to buy this updated two-bedroom unit in one of Melbourne's most popular suburbs, offering a low maintenance lifestyle in a convenient location.

This well-designed single level unit consists of two good-sized bedrooms, a central bathroom with a separate toilet, an open plan kitchen, living and dining space and internal laundry room. There is also a deep single lock-up garage and an allocated car space for convenient parking.

The high vaulted ceilings and full windows flood the living area with natural light, giving the space an expansive feeling enhanced by the clean, white interior design and timber-look floorboards. Enjoy cooking in the well-appointed kitchen with ample bench and storage space as well as electric stove, under bench oven and dishwasher. Other standout features include split-system air conditioning in the living room and master bedroom, and window furnishings throughout.

Within the complex are a pool and tennis court - enjoy all the benefits of these facilities without the hassle of upkeep. For entertaining or for enjoying a cuppa while soaking up the winter sun, you have a private, low maintenance, sunny courtyard at the rear of the unit.

All your shopping needs are close at hand with Tullamarine shopping strip, Gladstone Shops and Westfield, all under 10 minutes drive away. Urban Surf Park is just 350m up the road, and Essendon Football Club is also close by for weekend entertainment. A bus stop is right out the front for a quick connection to the Mathew Avenue trams that will take you all the way to the CBD for an easy commute.

An excellent property for those starting up, slowing down, or looking to invest. Come in and see for yourself.

Contact Agent: Joseph Sassine 0419 332 839

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Property History for 5/368-370 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$421,000
28 Apr 2021
  • 28 Apr 2021
    Sold for $421,000
  • 02 Apr 2021
    Listed for Sale SOLD $421,000
  • 05 Jul 2008
    Sold for $245,000
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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 5,834 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, 196 properties were sold in the past 12 months in Tullamarine.

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