Not much price or rental growth in Melbourne's cheapest
Jonathan ChancellorMay 8, 2016
There was a $277,500 sale in Melbourne's Tullamarine, but with little price growth over the five years since sold at $275,000.
It too sold at just above its $250,000 to $275,000 price range.
The single storey one bedroom 1980s villa with courtyard is rented at $265 a week, which also reflected little if any rental price growth over the five year ownership.
CoreLogic RP Data put the median apartment price at $350,000.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
