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This property has been sold for $1,005,000 on 7 Feb 2026
5 days on market
PropRadar's estimate today
$1,069,713
Range $892,816 to $1,242,445
Estimated rent $760 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Asking Price
$950,000 - $990,000
Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.
Property overview
This 4-bedroom house at 219 Melrose Drive in Tullamarine, VIC 3043 sold for $1.0M in February 2026, with 3 bathrooms and parking for 2. It offers a 713 m2 block. Tullamarine sits about 15 km from the CBD, where the median house price is $825K. There are 41 schools within roughly 5km, and the area scores 46 for walkability and 2 for transit out of 100.
More in Tullamarine
For sale now
- 123 Dawson StreetHouse · 4 bed · 3 bath$800,000 - $850,000
- 1/338 Melrose DriveTownhouse · 3 bed · 2 bath$680,000 - $720,000
- 15 Coonamar StreetHouse · 3 bed · 2 bath$780,000 - $840,000
- 3 Tangemere AvenueHouse · 4 bed · 2 bath$820,000 - $870,000
Recently sold nearby
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $990,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
5
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Tullamarine at a glance
House market signals | VIC 3043
Median
$825K
Market signals
To CBD
15 km
Est. Valuation
$1,020,403
Potential Sell Price
Est. Rent/wk
$705
Potential Gross Yield
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $990,000
- Stamp Duty (Victoria)
- $54,450
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,049,650
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3043
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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