Market snapshot
Suburb insights for Tullamarine3043
Change suburbTullamarine is located 18 km north-west of the CBD. Located between the Maribyrnong River and the Moonee Ponds Creek Tullamarine is the location of Melbourne International Airport. The suburb is also the location of a number of major manufacturing employers such as Cadbury-Schweppes Honda and Caterpillar Australia. The area is well serviced by the Tullamarine Freeway and the Western Ring Road. Tullamarine also features Tullamarine Golf Driving Range the S.F. Ledger and Tullamarine Reserves
Recent sales and auction results in Tullamarine
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 5 Phelan Ct, Tullamarine | 4 |  | House (Res) | Auction Sale | 20/07/2024 | Jason RE Tullamarine | View |
| 2/8 Waratah Av, Tullamarine | 2 |  | Villa | Private Sale | 18/07/2024 | McDonald Upton | View |
Sales data
Median sale price
$718k
Quarterly price change
2.5%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Tullamarine | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $700,000 | $810,000 |
| 4 | $798,000 | $955,000 |
| Insight | Tullamarine | Metro comparison |
|---|---|---|
| Clearance rate | 85.7% | 73.8% |
| Days on market | 28 | 42 |
Rental data
Median weekly rent
$520
Rental yield
3.8%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Tullamarine | Metro comparison |
|---|---|---|
| 2 | $460 | $550 |
| 3 | $520 | $540 |
| 4 | - | $580 |
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