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Back 42 Melrose Drive
Off Market

42 Melrose Drive

Tullamarine VIC 3043

2
1
1
781 m²
House
Last sold for $910,000
Mark GiardinaMark Giardina, last sold this property on 07 September 2023 after 38 days on market.

Overview

Land, Location and Approved Potential

Occupying a wide block of land (approx 781sqm) adjacent to playground/reserve, this mid-century home comes complete with an approved planning permit in place to construct three impressive new double-storey townhouses. Set well back from the street (on the Melrose Drive service road), the home itself currently comprises two bedrooms (large main) with built-in robes, updated bathroom, front lounge, adjoining dining room and functional kitchen. Plus, a simply enormous backyard highlighting the property's dream dimensions and exceptional potential. Endorsed plans highlight three unique townhouses (2 x 3-bed 2-bath) (1 x 2-bed 1-bath) each featuring generous living space, full-size laundry, guest powder room, plus a garage and sizeable courtyard. Walking distance to Westfield Shopping Centre, Matthews Avenue trams and a choice of bus routes, it also offers easy access to local schools, Essendon Fields and both the Tullamarine Freeway and Western Ring Road.

Features

2 bedrooms
1 bathroom
1 carspace
781 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Tullamarine over the last 12 months, the estimated median property value of 42 Melrose Drive is $587.5k.

Median value
$587.5k
Estimated value range
$380k - $824k
Median days on market
19
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tullamarine. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 42 Melrose Drive

2023
Sold
$910,000
Private Sale/Treaty on 07 Sep 2023 by Mark Giardina, of Nelson Alexander Essendon

Happy sellers in Tullamarine

90%
90% of sellers in Tullamarine reported that their sale price either exceeded or met their price expectations.

Tullamarine stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Tullamarine over the last 12 months.

Local market activity for 2 bedroom houses in Tullamarine

In the last 12 months, 8 two-bedroom houses similar to 42 Melrose Drive, have been sold.

This represents a 100% decrease in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Tullamarine

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Pierre Hadchiti

Sellers who recommend Pierre Hadchiti have praised them for being local expert, clear communication, honest, reliable, supportive, responsive and dedicated

  •   5   (499 reviews)
  •  38 Reviews in Tullamarine
  •  48 Sales in Tullamarine
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Lilian Farrugia

Sellers who recommend Lilian Farrugia have praised them for being local expert, clear communication, responsive, supportive, honest, reliable and dedicated

  •   4.9   (260 reviews)
  •  6 Reviews in Tullamarine
  •  4 Sales in Tullamarine
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Joseph Sassine

Joseph Sassine is a recommended agent for Tullamarine.  They have 19 local sales and collected 2 local reviews across the last 12 months.

  •   5   (18 reviews)
  •  2 Reviews in Tullamarine
  •  19 Sales in Tullamarine
View profile
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Nancy Crupi

Nancy Crupi is a recommended agent for Tullamarine.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (20 reviews)
  •  2 Reviews in Tullamarine
  •  1 Sale in Tullamarine
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