5/45-47 Derby St, Tullamarine is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 157m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
In a well-maintained block backing onto the open spaces of Melrose Drive Reserve, this single-level villa is ideal for first-time buyers, investors and downsizers alike with its generous dimensions, impeccable presentation and close proximity to the area's key amenities. Ready to move straight in - or rent straight out - the home's welcoming interior comprises a large master bedroom with WIR and second bedroom with BIRs, as well as a spotless two-way central bathroom and separate WC. Filled with natural light, the spacious front living room flows through to the open dining area and adjoining kitchen complete with gas cooktop, stainless steel oven and dishwasher. Other features include a reverse-cycle split-system air conditioner and two additional panel heaters, instantaneous gas hot water service, full-size laundry and plenty of storage. Step outside to enjoy the wonderfully wide rear courtyard with extensive paving, established perimeter gardens and high fences for exceptional privacy, plus rear access into the lock-up garage. Walking distance to Melrose Drive buses (route 478 to Melbourne Airport), it's also close to local shops and cafes, as well as easy access to both Gladstone Park and Westfield shopping centres and the Tullamarine Freeway.
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 5,949 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:
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