1/48 Melrose Drive, Tullamarine, VIC 3043 | Property Value & History | OnTheHouse
OFF MARKET

1/48 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 423m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Feb 2026
Low

High
Save

Property Details for 1/48 Melrose Dr, Tullamarine

1/48 Melrose Dr, Tullamarine is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 423m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last transferred in January 2010.

Building Type
Unit
Year Built
1950
Floor Size
94m2
Land Size
423m2
Local Government
Merri-Bek
Lot/Plan
1/SP35301

Last Listing description (November 2023)

"Discover the perfect blend of vintage charm and modern convenience in this delightful 2-bedroom in Tullamarine. Nestled in a prime location, this cozy old house is just moments away from Airport West Shopping Centre and the shopping haven of DFO Essendon.

As you step inside, you'll be greeted by a spacious lounge area. The addition of a new split system heating and cooling system ensures year-round comfort, while a new electric fireplace adds a touch of warmth and ambiance.


The house features a recently renovated bathroom, and the kitchen boasts a new oven, making meal preparation a breeze.

This property is the ideal place to call home for those who appreciate the character of an old house, combined with modern amenities. Don't miss the opportunity to make this charming Tullamarine residence your own.

LEASE TERM: 13-15 Month initial term, option for 12 month renewal.* Subject to renter/rental provider agreement
INSPECTION: Times subject to change without notice - please check before attending
PROPERTY DISCLOSURE: Click here - https://vltre.co/9TduMx
PHOTOS: For illustration purposes only, actual home MAY vary slightly

Property History for 1/48 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Transferred
22 Jan 2010
Listed for Rent
$360/w
10 Nov 2023
  • 01 Nov 2023
    Listed for Rent - Price not available
  • 04 Mar 2020
    Listed for Rent $310 / week
  • 01 May 2018
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 5,952 properties. Over the last 5 years, Houses in Tullamarine have seen a 27.92% increase in median value, while Units have seen a 22.30% increase. As at 31 January 2026:

  • The median value for Houses in Tullamarine is $821,380 while the median value for Units is $561,364.
  • Houses have a median rent of $580 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Tullamarine on OnTheHouse. According to Cotality's data, 278 properties were sold in the past 12 months in Tullamarine.

Suburb Insights for Tullamarine 3043

Market Insights
Tullamarine Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Tullamarine Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.