1/123 Melrose Drive, Tullamarine, VIC 3043 | Property Value & History | OnTheHouse
 
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1/123 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 248m2
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Property Details for 1/123 Melrose Dr, Tullamarine

1/123 Melrose Dr, Tullamarine is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 248m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2008
Floor Size
117m2
Land Size
248m2
Local Government
Hume
Lot/Plan
1/PS615128

Last Listing description (January 2025)

Nestled in a prime location with close proximity to all essential amenities and excellent public transport links, this home offers unparalleled convenience and comfort, perfect for families, professionals, or investors.

The open plan living area creates a welcoming and versatile space for relaxation and entertainment. Enjoy cooking in a sleek, modern kitchen equipped with stainless steel appliances, providing both style and functionality, three spacious bedrooms with built-in robes; the third bedroom can alternatively serve as a study, offering flexibility to suit your lifestyle needs.

A low-maintenance outdoor entertaining area with direct access to the garage, perfect for hosting gatherings or enjoying a quiet evening outdoors, The modern bathroom boasts a bathtub, shower, and a separate toilet. Additional Amenities: Includes a separate laundry, heating and cooling systems for year-round comfort, ample storage space and single remote-controlled garage and additional off-street parking for added convenience.

This property combines modern design with practical features, making it an excellent choice for those seeking a comfortable and convenient lifestyle in Tullamarine. Dont miss the opportunity to make this versatile and well-located residence your new home.

Contact us today to arrange a viewing!

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Property History for 1/123 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$580,000
02 Sep 2024
Listed for Rent
$430/w
22 Aug 2022
  • 02 Sep 2024
    Sold for $580,000
  • 22 May 2024
    Listed for Sale Contact Agent
  • 09 Aug 2022
    Listed for Rent $430 / week
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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 2016 was 6605 people. By 2021 the population was 6733 showing a population growth of 1.9% 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 2021, 62.10% of the homes in Tullamarine were owner-occupied compared with 62.40% in 2016.

Tullamarine has 5,953 properties. Over the last 5 years, Houses in Tullamarine have seen a 26.08% increase in median value, while Units have seen a 22.85% increase. As at 30 November 2025:

  • The median value for Houses in Tullamarine is $810,336 while the median value for Units is $576,319.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 17 properties listed for rent in Tullamarine on OnTheHouse. According to Cotality's data, 268 properties were sold in the past 12 months in Tullamarine.

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