SOLD
Sold on 21 Feb 2024 for $550,000

7/1 Millar Road
Tullamarine VIC 3043

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 295m2
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Property Details for 7/1 Millar Rd, Tullamarine

7/1 Millar Rd, Tullamarine is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 295m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Tullamarine in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
107m2
Land Size
295m2
Local Government
Hume
Lot/Plan
7/RP13057

Last Listing description (September 2023)

Tucked away in the popular Summer Place estate, this single-level villa makes an ideal home with its generous design, quality features and impressively large courtyards. Filled with natural light, the home's immaculate interior boasts 2 double bedrooms (both with built-in robes), renovated central bathroom and separate water closet, spacious lounge leading through to the dining area and kitchen complete with dishwasher and electric cooking appliances. Add to this split-system heating and cooling, high vaulted ceilings throughout, full-size laundry, plus a huge wrap-around courtyard with entertaining deck (partly undercover) and remote-control garage including drive-through option to courtyard. Moments from Melrose Drive buses, it's also close to popular shopping precincts, local schools, as well as easy access to Melbourne Airport and Tullamarine Freeway. Water included in rent.

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Property History for 7/1 Millar Rd, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$550,000
21 Feb 2024
Listed for Rent
$430/w
12 Sep 2023
  • 21 Feb 2024
    Sold for $550,000
  • 14 Aug 2023
    Listed for Rent - Price not available
  • 02 Jun 2022
    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 5,846 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 10 properties listed for rent in Tullamarine on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Tullamarine.

Suburb Insights for Tullamarine 3043

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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.