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City of Merri-bek

Tullamarine

Tullamarine Property Market
& Suburb Profile

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MEDIAN PRICES IN TULLAMARINE

Median house price

(all agencies, last 12 months)$768k*

House price change

(all agencies, last 12 months)+5.21%

Median unit price

(all agencies, last 12 months)$555k*

Unit price change

(all agencies, last 12 months)-2.8%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

TULLAMARINE price TRACKER

HousesUnits

Tullamarine sales overview

  • Sold by Auction 94%
  • Sold by Private Sale or Other Method 6%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)29

Auction clearance rate in Tullamarine

(all agencies, last 12 months)94%

Average held period in Tullamarine

(proptrack)12 years

Tullamarine Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$549pw

House rental price change

(all agencies, last 12 months)0.02%

Median rental price for Units

(all agencies, last 12 months)$508pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)3.62%

Average rental yield for Units

(all agencies, last 12 months)4.9%

Tullamarine total population size

(as at the last census)6,733

Median household size in Tullamarine

(as at the last census)2.3

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Tullamarine property types

  • Houses 33%
  • Units 34%
  • Other 33%

OCCUPANCY in Tullamarine

  • Owned 62%
  • Rented 34%
  • Other/Not Stated 4%
  • Singles 34%
  • Families 64%
  • Other 3%

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About Tullamarine

Tullamarine is a vibrant suburb located approximately 17 kilometers northwest of Melbourne's Central Business District (CBD). Known for its proximity to Melbourne Airport, Tullamarine offers a unique blend of suburban tranquility and urban convenience, making it an attractive option for prospective homebuyers and investors.

Overview

Tullamarine is a vibrant suburb located approximately 17 kilometers northwest of Melbourne's Central Business District (CBD). Known for its proximity to Melbourne Airport, Tullamarine offers a unique blend of suburban tranquility and urban convenience, making it an attractive option for prospective homebuyers and investors.

Demographics

Tullamarine has a diverse population that contributes to its rich cultural tapestry. According to the latest data from the Australian Bureau of Statistics (ABS), Tullamarine has a population of approximately 6,605 residents (Census 2021). The suburb features a mix of families, young professionals, and retirees, fostering a welcoming community atmosphere.

Housing and Real Estate

The real estate market in Tullamarine is robust and varied, catering to a wide range of preferences and budgets. The suburb offers a mix of housing options, including family homes, townhouses, and modern apartments. As of June 2024, the median house price in Tullamarine is around $700,000, reflecting steady growth and strong demand in the area (Source: Real Estate Institute of Victoria).

Education

Tullamarine is home to several reputable educational institutions, making it an ideal location for families. Key schools in the area include Tullamarine Primary School and Gladstone Park Secondary College. Additionally, there are numerous childcare centers and early learning facilities that provide quality education and care for younger children.

Amenities and Lifestyle

Residents of Tullamarine enjoy a range of amenities and lifestyle benefits, including:

  • Shopping and Dining: The suburb boasts several shopping precincts, including the Tullamarine Shopping Centre, which offers a variety of retail stores, supermarkets, and dining options. For larger shopping expeditions, residents can easily access Westfield Airport West, located just a short drive away.
  • Parks and Recreation: Tullamarine is dotted with green spaces and parks, perfect for outdoor activities and family picnics. Popular spots include Tullamarine Reserve and Leo Dineen Reserve, both offering well-maintained facilities and playgrounds.
  • Transport: Tullamarine is well-connected by public transport, with multiple bus routes servicing the area and providing easy access to surrounding suburbs and the Melbourne CBD. Additionally, the suburb's proximity to Melbourne Airport makes it an excellent choice for frequent travelers.

Employment

Tullamarine benefits from its strategic location near Melbourne Airport, which is a significant employment hub. The airport and associated industries provide numerous job opportunities in aviation, logistics, and hospitality. Additionally, the suburb's connectivity to the CBD allows residents to easily commute for work.

Community and Culture

Tullamarine hosts various community events and activities throughout the year, fostering a strong sense of community and belonging. The Tullamarine Community House is a focal point for local gatherings, offering programs and services that cater to all age groups.

Nearby Suburbs

These neighboring suburbs offer additional amenities and opportunities for residents and visitors, enhancing the appeal of the Tullamarine area.

Disclaimer: The information provided in this suburb profile is intended as a general guide only. While every effort has been made to ensure accuracy, the content may not reflect the most current data or developments. Readers should verify any information independently before making any decisions based on the details presented. The suburb profile is subject to change and should not be relied upon as a sole source of information.

Education

Tullamarine Primary School
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Sales Comparison

Find out how Tullamarine median sales prices compare to neighbouring suburbs.

Tullamarine MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025182$661,5005.21%215$529pw4.26%
2024154$648,0001.94%216$512pw4.57%
2023157$632,500-3.36%245$484pw4.36%
2022145$640,500-2.01%304$419pw3.85%
2021176$667,62520.66%296$386pw3.44%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025182$661,500+5.21%
2024154$648,000+1.94%
2023157$632,500-3.36%
2022145$640,500-2.01%
2021176$667,625+20.66%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025215$529pw4.26%
2024216$512pw4.57%
2023245$484pw4.36%
2022304$419pw3.85%
2021296$386pw3.44%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.