2/203 Melrose DriveTullamarine VIC 3043
Property Details for 2/203 Melrose Dr, Tullamarine
Last Listing description (November 2014)
Invest for the Future
This substantial commercial property offers the astute investor the opportunity to secure prime real estate with an excellent return in Tullamarine's most desirable and tightly held retail shopping strip.
Shop Area: 80 m2 approx
Lease: 5 Years
Expires: 30/06/2016
Option/s: 2 x 5 year options
Inspections strictly by Appointment !!!
AH: Anthony Hanna 0411 887 518
Rick Goodman 0401 436 624
Property History for 2/203 Melrose Dr, Tullamarine, VIC 3043
- 06 Nov 2014Sold for $660,000
- 09 Oct 2014Listed for Sale $650,000 - $720,000
- 15 Nov 2002Sold for $301,000
Recent sales nearby
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0About 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.
Suburb Insights for Tullamarine 3043
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