5 Larissa Ave, Tullamarine is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 635m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in November 2010.
OPTIONS FOR TODAY AND TOMORROW
Heres a rare opportunity to purchase in a home buyers price range what is a magnificent prospect for dual occupancy development (subject to council approval) now or in the future. The options are endless as this family home is already tastefully renovated for those wanting to move in to something modern and vibrant or alternatively for those looking for an investment that's ready to give them maximum return as a tenancy. The future looks certain to potentially reap the savvy investor fantastic rewards with its large backyard and wide side drive offering you the flexibility that only land this size and positioning of the current home can offer.
Features bedrooms that all have built in robes, large separate lounge and dining, stylish modern kitchen with roomy meals/family area, updated bathroom, huge rear decking, ducted heating and evaporative cooling. Positioned right in the heart close to trams to the city, buses, schools, airport and freeway access with a 10 minute drive to the CBD, its only a matter of time before prices being achieved in Airport West and Niddrie start to happen in this pocket. Smart buyers, heres your chance to look in to the future and see what you and others will say in a year or two was a great buy.
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 5,953 properties. Over the last 5 years, Houses in Tullamarine have seen a 27.42% increase in median value, while Units have seen a 18.61% increase. As at 31 December 2025:
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