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Asking Price
$630,000 - $670,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 3-bedroom townhouse at 2/167 Melrose Drive in Tullamarine, VIC 3043 is listed at $630K to $670K by auction, with 2 bathrooms and parking for 1. It offers a 185 m2 block and 78 m2 of internal living space. The townhouse was built in 2017. Tullamarine sits about 15 km from the CBD, where the median house price is $825K. Council data shows no flood or bushfire overlay on the site. There are 41 schools within roughly 5km, and the area scores 46 for walkability and 2 for transit out of 100.
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 $670,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Latest price change
Listed at $700,000
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Tullamarine at a glance
House market signals | VIC 3043
Median
$825K
Market signals
To CBD
15 km
Est. Valuation
$651,085
Potential Sell Price
Est. Rent/wk
$651
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $670,000
- Stamp Duty (Victoria)
- $35,270
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $709,470
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- Medium Density
- Listed
- Last Updated
- Postcode
- 3043
- Original listing
- Original listing is on paid plans
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