FOR SALE
$1,400,000 - $1,500,000

1507/188 Macaulay Road
North Melbourne VIC 3051

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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Space, Style, and Stunning Scenery!

For Sale by Expressions of Interest
Brimming with natural light and glittery horizon views at the peak of Arden Gardens, this penthouse apartment blends family space and modern luxury across a secure two-storey design. Wrapped by double-glazed windows to the north and west, the home is a serene and scenic sanctuary for indoor-outdoor entertaining, amid a vibrant urban milieu.
Paved with limed Oak floorboards in a bright and stylish setting, the home’s open plan layout pampers the entertainer with room for relaxation and dining, stretching onto a north-facing balcony for sun-splashed alfresco enjoyment. At its heart, the kitchen provides a full appointment of Miele appliances including an integrated fridge and freezer, while smartly dressed in glossy white cabinetry, stone benches, and a dazzling marble splashback.
A choice of upstairs or downstairs main bedrooms delivers premium versatility, each providing marble-draped ensuites with deep soaker tubs, plus dual built-in robes. Upstairs, a dedicated office supports home-based work or school study, complemented by two secondary bedrooms with built-in robes, plus a spacious bathroom.
Cocooned in comfort, the home provides reverse cycle ducted heating and cooling, plus secure intercom and fob entry, alongside the convenience of two basement carparks.
Indulging lifestyle, the Arden apartments offer residents a host of resort-style facilities including two cinema rooms, a rooftop garden, and a private function room. With Woolworths and premium retailers within the building, the home is surrounded by amenity, situated paces from Macaulay station, city-bound trams, and Royal Park, while set among leading hospitals and education including University High School, the Queen Victoria Market, and the CBD.
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Property Details for 1507/188 Macaulay Rd, North Melbourne

1507/188 Macaulay Rd, North Melbourne is a 4 bedroom, 3 bathroom Apartment with 2 parking spaces. The place is currently for sale with Jellis Craig Fitzroy.

Building Type
Apartment

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About North Melbourne 3051

The size of North Melbourne is approximately 2.4 square kilometres. It has 12 parks covering nearly 4.7% of total area. The population of North Melbourne in 2011 was 11,755 people. By 2016 the population was 14,948 showing a population growth of 27.2% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation. In 2011, 31.4% of the homes in North Melbourne were owner-occupied compared with 28.5% in 2016.

North Melbourne has 11,971 properties. Over the last 5 years, Houses in North Melbourne have seen a 18.11% increase in median value, while Units have seen a 11.46% increase. As at 30 September 2024:

  • The median value for Houses in North Melbourne is $1,357,324 while the median value for Units is $502,581.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 61 properties listed for sale, and 51 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 398 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Trevor Gange
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Jellis Craig Fitzroy
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.