4/306-308 Melrose Drive, Tullamarine, VIC 3043 | Property Value & History | OnTheHouse
OFF MARKET

4/306-308 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 260m2
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Property Details for 4/306-308 Melrose Dr, Tullamarine

4/306-308 Melrose Dr, Tullamarine is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1989. The property has a land size of 260m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Townhouse
Year Built
1989
Floor Size
123m2
Land Size
260m2
Local Government
Hume
Lot/Plan
4/SP32020

Last Listing description (November 2024)

Renovators delight with space and large courtyard

Quietly positioned towards the back of a well-maintained complex, and set on a sizeable allotment of 265m2 approximately, this generously proportioned, single level brick home delivers a wealth of space and renovation appeal (subject to relevant approvals). Step through to a spacious living area featuring a bay window, while a dining area has direct access to a large, wraparound courtyard enjoying a private and peaceful rear aspect. A central kitchen with meals area overlooks the courtyard and currently offers gas cook top, wall oven, dishwasher, breakfast bar and plenty of storage options. Located off a central corridor are three double bedrooms, all present built-in-robes. They share a central main bathroom, with corner shower, bath and vanity, as well as a separate toilet and full-size laundry. Added extras include solar electricity (6KW approximately), ducted heating, evaporative cooling, ceiling fans, water tank and a garage. Promising a convenient lifestyle, the property is close to Westfield, Essendon DFO, Gladstone Park Shopping Centre, local parks, playgrounds, easy freeway and Melbourne Airport access. Its also zoned for Gladstone Park Secondary College and Gladstone Park Primary.

This property will be auctioned in-room. Online bidding will also be available. Contact our agents to register your interest.

Property History for 4/306-308 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$530,000
11 Nov 2024
  • 11 Nov 2024
    Sold for $530,000
  • 16 Oct 2024
    Listed for Sale $450,000 - $495,000
  • 21 Dec 2010
    Sold for $315,000
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About Tullamarine 3043

The size of Tullamarine is approximately 7.5 square kilometres. There are 10 parks, covering nearly 3.4% of the 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 5,959 properties. Over the last 5 years, Houses in Tullamarine have seen a 17.84% increase in median value, while Units have seen a 13.34% increase. As at 30 June 2026:

  • The median value for Houses in Tullamarine is $817,206 while the median value for Units is $570,196.
  • Houses have a median rent of $593 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Tullamarine on OnTheHouse. According to Cotality's data, 249 properties were sold in the past 12 months in Tullamarine.

Suburb Insights for Tullamarine 3043

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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.