170 Melrose DrivePhillip ACT 2606
Property Details for 170 Melrose Dr, Phillip
Last Listing description (February 2017)
Prominently located in Phillip's trades and light industrial precinct offering excellent exposure on Melrose Drive is this 1,200m2 retail/showroom premises. Comprising of showroom, office provisions and own amenities this tenancy is suitable for a variety of users and provides for a broad range of potential uses. The building has great street appeal, ample parking and is ideal for capitalising on ease of access and passing traffic.
Property History for 170 Melrose Dr, Phillip, ACT 2606
- 28 Oct 2016Listed for Rent $480,600 / year
- 20 Apr 2016Sold for $9,000,000
- 11 Mar 2016Listed for Sale Not Disclosed
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About Phillip 2606
The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2016 was 2936 people. By 2021 the population was 5197 showing a population growth of 77.0% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Phillip work in a professional occupation.In 2021, 48.70% of the homes in Phillip were owner-occupied compared with 38.20% in 2016.
Phillip has 6,057 properties. Over the last 5 years, Houses in Phillip have seen a 15.37% increase in median value, while Units have seen a 28.34% increase. As at 28 February 2026:
- The median value for Houses in Phillip is $667,087 while the median value for Units is $493,222.
- Houses have a median rent of $568 while Units have a median rent of $575.
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