2/242 Melrose Drive, Tullamarine, VIC 3043 | Property Value & History | OnTheHouse
OFF MARKET

2/242 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 2
Bathrooms: 1
Car spaces: 5
Floor area: 101m2
Land area: 144m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Feb 2026
Low

High
Save

Property Details for 2/242 Melrose Dr, Tullamarine

2/242 Melrose Dr, Tullamarine is a 2 bedroom, 1 bathroom Townhouse with 5 parking spaces and was built in 1990. The property has a land size of 144m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Townhouse
Year Built
1990
Floor Size
101m2
Land Size
144m2
Local Government
Hume
Lot/Plan
2/SP28218

Last Listing description (January 2020)

Brilliant Design and finest features are showcased throughout, this spacious villa unit is ideally positioned in a boutique block of only four units and is within walking distance to public transport, Tullamarine shopping strip & within close proximity to local schools, Westfield Shopping Centre & freeway access.

Saturated by natural light, the comfortable floor plan consists of a spacious lounge, large bright kitchen adjoining comfortable meals area, two large upstairs bedrooms both with BIR's, central bathroom, large separate laundry & handy second toilet. Features include: ducted heating, evaporative cooling, split system unit, balcony, low maintenance courtyard / deck, remote garage with internal access, and an additional car-space directly besides the unit.

Schools located nearby include: Gladstone Park Primary School, School of the Good Shepherd, Gladstone Park Secondary College, Tullamarine Primary School and Gladstone Views Primary School.

Note: Inspection times can be changed or cancelled at any time. Please contact our office on 9330 2800 to confirm the inspection is still scheduled. Photo ID required.

*Arranging an inspection is easy! To book a time to inspect, simply click on Book an Inspection Time or Email Agent to book instantly using our online system. By registering, you will be instantly informed of any updates, changes or cancellations for your appointment.

Property History for 2/242 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$465,000
18 Jan 2023
Listed for Rent
$380/w
09 Jan 2020
  • 18 Jan 2023
    Sold for $465,000
  • 02 Jan 2020
    Listed for Rent - Price not available
  • 09 Dec 2019
    Sold for $465,000
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.