4. Property Auction Result

5/264 Melrose Dr, Tullamarine VIC 3043

5/264 Melrose Dr, Tullamarine VIC 3043

unit 2 1 1

Sold $435,000 on 24 Jul 2021

Distance To CBD: 15.38 km

Land Size: 190 m2

Measure Land Size

Agency: Ray White Gladstone Park - GLADSTONE PARK

Floorplan Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty Calculator

Total

$ 22,480

Mortgage registration fee $108

Transfer fee $1,202

Stamp duty on property $21,170
*based on property value $435,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 1,868

Total interest payable $324,530

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $348,000 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
10/264 Melrose Drive 2 $457,500
3/17 Waratah Avenue 2 $390,000
2/21 Waratah Avenue 2 $530,000
15/112a Mickleham Road 2 $520,000
7/1 Millar Road 2 $550,000
2/23 Waratah Avenue 2 $570,500
1/22 Waratah Avenue 2 $651,000
1/112a Mickleham Road 2 $499,000

Comparable Rent Properties

Address Rent Price
17/370 Melrose Drive 2 $460 p/w
8/6 Strathconnon Square 2 $450 p/w
2/26 Eumarella Street 2 $390 p/w
3/123 Melrose Drive 2 $480 p/w
2/368-370 Melrose Drive 2 $500 p/w
3/20 Eumarella Street 2 $380 p/w
3/103-105 Mickleham Rd 2 $430 p/w
4/242 Melrose Drive 2 $410 p/w
Auction History - Tullamarine, VIC 3043
2024 April
Address Price Result*
55 Churchill Av N/A W 3
20 Churchill Av $870,000 SP 4
2/112A Mickleham Rd $571,000 S 2
10/264 Melrose Dr $457,500 S 2
10/368-370 Melrose Dr N/A PI 2
4B Waratah Av $660,000 S 3
2024 March
Address Price Result*
3/260 Melrose Dr $576,000 SP 3
17 Handsworth Cr $880,200 S 3
2/21 Waratah Av N/A PI 2
55 Catherine Av N/A S 3
4A Larissa Av N/A W 3
31 Shawlands Dr $700,000 SP 3

Tullamarine, VIC 3043
(16.36 km to CBD)

Median House Price

$780,000

Median Unit Price

$549,975

Surrounding Suburbs

Nearby Train Stations

3.55 km Jacana Station
3.85 km Glenroy Station
4.08 km Broadmeadows Station

Nearby Schools

0.99 km Tullamarine Primary School
1.2 km School of the Good Shepherd
2.26 km Sirius College