51/200 Melrose Drive, Tullamarine, VIC 3043 | Property Value & History | OnTheHouse
OFF MARKET

51/200 Melrose Drive
Tullamarine VIC 3043

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 12531m2
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Property Details for 51/200 Melrose Dr, Tullamarine

51/200 Melrose Dr, Tullamarine is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 12531m2. While the property is not currently for sale or for rent, it was last sold in May 1984.

Building Type
Unit
Year Built
1980
Land Size
12531m2
Local Government
Hume
Lot/Plan
51/RP7635

Last Listing description (June 2026)

Calling all investors, downsizers, and first home buyers this is an opportunity not to be missed.

Set within the well-maintained Northedge Complex, this spacious and versatile two-level residence offers a practical floorplan, generous living spaces, and access to outstanding lifestyle facilities including a swimming pool and tennis court.

Downstairs, you are welcomed by a bright and inviting lounge area featuring split-system heating and cooling, a wood heater, and peaceful views overlooking the gardens and pool area. The functional kitchen is well-suited for everyday living, while the flexible floorplan includes a second bedroom with built-in robes, plus an additional room ideal as a third bedroom, study, home office, or extra storage space. A large central bathroom with integrated laundry facilities, additional under-stair storage, and a wine cellar/storage area further enhance the home's practicality.

Upstairs, the mezzanine-style main bedroom creates a unique sense of space and openness, complete with built-in robes, a private en-suite, additional storage, and views across the living area below.

Additional features include undercover parking for one vehicle and a convenient location close to schools, public transport, and Melrose Drive shopping precinct.

Currently rented out for $1,608 per month on a month-to-month tenancy, providing immediate rental income and flexibility for investors or future owner-occupiers.

This is an outstanding opportunity for buyers seeking low-maintenance living with comfort, convenience, and lifestyle appeal.

Property History for 51/200 Melrose Dr, Tullamarine, VIC 3043

A timeline of how this property has performed in the market
Last Sold
$56,750
18 May 1984
Listed for Rent
$320/w
18 Oct 2018
  • 19 May 2026
    Listed for Sale Private Sale | $430,000 - $460,000
  • 13 Jan 2025
    Listed for Sale Expression Of Interest
  • 13 Aug 2018
    Listed for Rent - Price not available
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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 5,955 properties. Over the last 5 years, Houses in Tullamarine have seen a 20.19% increase in median value, while Units have seen a 12.88% increase. As at 31 May 2026:

  • The median value for Houses in Tullamarine is $821,179 while the median value for Units is $572,710.
  • Houses have a median rent of $583 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 8 properties listed for rent in Tullamarine on OnTheHouse. According to Cotality's data, 272 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.