Back 5/264 Melrose Dr
Off Market

5/264 Melrose Dr

Tullamarine VIC 3043

2
1
1
190 m²
Unit
Last sold for $435,000
Dom ZampaglioneDom Zampaglione, last sold this property on 20 July 2021 after 15 days on market.

Overview

Under Offer

In a price range that is becoming increasingly harder to find, this comfortable unit is perfectly situated within easy reach to transport, freeway access, Melbourne Airport & local Shopping Centres. The brick veneer unit comprises a comfortable floor plan highlighted by an open plan living room, bright kitchen adjoining meals area, two bedrooms with BIR's, updated central bathroom, separate laundry and a large courtyard offering plenty of potential to become a fantastic entertaining area. Features ducted heating, split system heating & cooling unit, and a lock-up garage. A sensational opportunity for both investors & home buyers...be quick! PLEASE NOTE: Please make sure masks are worn inside and outside at all our viewings. Land Size: Approx. 190m2 Settlement: 30 or 60 days Price Guide: $360,000 - $390,000 Dom Zampaglione 0414 453 365 dom.zampaglione@raywhite.com Phillip Mercieca - 0402 419 827 phillip.mercieca@raywhite.com *** COVID- 19 Announcement *** We request that only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team members. Lastly, please refrain from touching items/ fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
190 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Tullamarine over the last 12 months, the estimated median property value of 5/264 Melrose Dr is $480k.

Median value
$480k
Estimated value range
$377.5k - $602k
Median days on market
27
Estimated value trend
14%
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 5/264 Melrose Dr

2021
Sold
$435,000
Sold Before Auction on 20 Jul 2021 by Dom Zampaglione, of Ray White Gladstone Park
2017
Rented
Undisclosed
Leased on 19 Jan 2017 by Ray Biner Real Estate - Eview Group Proud Member
2011
Sold
Undisclosed
Private Sale/Treaty on 03 Aug 2011

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 30 reviews in Tullamarine over the last 12 months.

Local market activity for 2 bedroom units in Tullamarine

In the last 12 months, 13 two-bedroom units similar to 5/264 Melrose Dr, have been sold.

This represents a 40% increase in two-bedroom units sales when compared to the previous 12 months.

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