5/17 Lindaway Place, Tullamarine, VIC 3043 | Property Value & History | OnTheHouse
OFF MARKET

5/17 Lindaway Place
Tullamarine VIC 3043

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 89m2
Land area: 133m2
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Property Details for 5/17 Lindaway Pl, Tullamarine

Building Type
Commercial
Year Built
1985
Floor Size
89m2
Land Size
133m2
Local Government
Hume
Lot/Plan
5/PS303837

Last Listing description (December 2022)

Burgess Rawson is pleased to offer to the market, Unit 5/17 Lindaway Place, Tullamarine VIC, for sale by Private Treaty.

This investment has the following key investment highlights:

+Strategically located in a tightly held Tullamarine industrial precinct less than 3km from Melbourne Airport.

+Immediate access to the Metropolitan Ring Road and Tullamarine Freeway via Melrose Drive.
+Flexible 133sqm* of warehouse/retail/office space with value-add potential.
+Offered vacant possession allowing an abundance of possibilities including owner occupy, secure a long-term tenant and or value add through capital improvements.
+Surrounded by a number of leading industrial and mixed-use businesses.
+Important: Industrial 3 Zoning (IN3Z) allowing a number of industrial and retail uses.
+Tullamarine: located 14km northeast of the Melbourne CBD.
+Tullamarine: the median house price has grown by 28% since August 2019**
+Tullamarine Airport: over $16 billion of freight is moved internationally through the airport annually.***
+The City of Hume has a gross regional production of $15.62 billion with 21,237 local businesses supporting 128,251 jobs.****
+Manufacturing is the largest sector by employment accounting for 20.6% of total area employment.****

For Sale by Private Treaty

Approx*
*****
Melbourneairport***
Economy.id****

Property History for 5/17 Lindaway Pl, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$602,250
06 Dec 2022
  • 06 Dec 2022
    Sold for $602,250
  • 30 Sep 2022
    Listed for Sale Offers above $575,000 + GST
  • 14 Nov 2003
    Sold for $170,000
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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.