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47 Gordon Street, Tullamarine VIC 3043

14th November At 10:00am

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$750k - $800k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 4 Cars 697 m²

Listed: yesterday

Overview

This classic weatherboard home on a generous 697sqm block provides an exceptional foundation for a variety of buyers, including homeowners, investors, renovators, and developers. Its location in a well-established, family-friendly neighbourhood enhances its appeal, offering direct access to a peaceful reserve which adds a tranquil natural backdrop to the property.

The existing residence, featuring three bedrooms, a bathroom, and ample parking for four cars, currently benefits from a periodic lease providing immediate rental income, an important consideration for investors or those who appreciate flexibility before undertaking renovations or redevelopment.

The property's substantial land size presents exciting possibilities such as renovation, rebuilding, or redevelopment, making it a rare opportunity in Tullamarine. Its proximity to Melbourne Airport, Westfield Airport West, and key transport arteries such as the Tullamarine Freeway, CityLink, and the M80 Western Ring Road makes it an accessible and strategic location.

Nearby amenities include a variety of government and private schools, shopping centres, and parklands, supporting a convenient and comfortable lifestyle. The combination of an established setting, immediate income potential, and redevelopment prospects positions this property as a compelling option for a broad spectrum of buyers aiming to secure a foothold in a sought-after area.

Local Market Insights

In Tullamarine, Quiet Listings observed 16 new houses entering the market over the last 30 days, down from 18 during the previous 30-day period, with an average advertised asking price of $794,688. The property type mix of listed properties is predominantly Houses at 70%, followed by townhouses (13%), and commercial properties (13%). The most active agency for houses in the Tullamarine area is currently Ray White, representing 31% of new listings, followed by Your Property Agent with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.