Tullamarine — Units

NEUTRAL
VIC 3043 Unit Rank #102 of 206 in Melbourne
$551K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
95 buyers/listing
Strong
LIQUIDITY
27d DOM
Neutral
AFFORDABILITY
9.8% vs 5yr
Neutral
GROWTH OUTLOOK
Below average
Weak
YIELD
4.8%
Strong
SUPPLY PRESSURE
1.7% vacancy
Neutral
#102/206 Below average Structure 38 $551K

Atlaso rates Tullamarine units as HOLD. Average growth outlook. Vacancy remains tight at 1.67%, but conviction is not high enough for a BUY rating. Better units options may be available in Melbourne.

At $551K, Tullamarine ranks #102 of 206 units in Melbourne. The long-term structural outlook is Below average. Short-term momentum is accelerating.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Tullamarine Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-2.1%
Asking Prices (3mo)
+2.9%
Rents (12mo)
1.0%
Vacancy
51%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$586K

Unit Weekly Rents (12 months)

$572/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3043.

Suburb Profile

Tullamarine at a Glance

SEIFA Index
5/10
Average
Household Income
$1,505/wk
Median household
Median Age
41
Years
Mortgage Stress
29%
of income
Population Growth
+0.8%
vs state +2.2%
Ownership Mix
32.5% owned 35.5% mortgage 28.6% renting

Demographic Trends

Tullamarine Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Tullamarine Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Tullamarine a good suburb to invest in?
Atlaso rates Tullamarine as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Tullamarine and 46 Australian cities to generate this rating.
What is the median house price in Tullamarine?
The current median house price in Tullamarine, vic is $551K, with annual growth of +5.7%. Properties sell in approximately 27 days.
How fast do properties sell in Tullamarine?
Properties in Tullamarine sell in 27 days on average. The market is currently rated Below average. This is in line with the broader market.
What is the growth outlook for Tullamarine?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Tullamarine's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Tullamarine?
The gross rental yield for houses in Tullamarine is 4.8%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).