Market snapshot
Suburb insights for Tullamarine3043
Change suburbTullamarine, approximately 17 km northwest of Melbourne’s CBD and home to the airport, is a mixed-use suburb offering both industrial and residential areas. With freeway access, airport employment, and growing townhouses, Tullamarine attracts a mix of aviation workers, commuters, and investors.
Recent sales and auction results in Tullamarine
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 4/43 Banksia Gr, Tullamarine | 3 |  | Townhouse | Private Sale | 29/05/2026 | Barry Plant | |
| 19/368-370 Melrose Dr, Tullamarine | 2 |  | Unit | Sold Before Auction | 22/05/2026 | Nelson Alexander | View |
| 1/16 Broadmeadows Rd, Tullamarine | 3 |  | Townhouse | Private Sale | 11/05/2026 | Nelson Alexander | View |
Sales data
Median sale price
$840k
Quarterly price change
6.3%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Tullamarine | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $780,000 | $863,000 |
| 4 | $880,000 | $980,500 |
| Insight | Tullamarine | Metro comparison |
|---|---|---|
| Clearance rate | 88.9% | 74.9% |
| Days on market | 28 | 37 |
Rental data
Median weekly rent
$550
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Tullamarine | Metro comparison |
|---|---|---|
| 2 | $465 | $595 |
| 3 | $550 | $550 |
| 4 | - | $595 |
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