FOR SALE
$360,000

401/39 Racecourse Road
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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An ultra-contemporary delight near Royal Park

As easy, stylish, and functional as city's fringe living gets, this wonderful 2 bedroom apartment offers high quality designer finishes and a location which has you moments to everything!
This architecturally-designed complex has striking street presence, while inside, exquisite timber floors, pristine stone, and floor-to-ceiling windows adds to this apartment's allure. The relaxed living and meals zone benefits from a north-easy orientation, and has easy entry out to the balcony which promises exciting views.
Quality Smeg appliances are highlights of the functional kitchen which is part of the central living area. Both bedrooms are equipped with built-in robe storage, while also enjoy a rain shower bathroom, European laundry, secure intercom entry, and secure car space.
You're a few steps to the picturesque and expansive Royal Park, and close to Debney Park, Boundary Road Reserve, Newmarket Plaza Shopping Centre, Melbourne Zoo, Flemington Racecourse, schools, buses, trams, and Flemington Bridge Station.
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Property Details for 401/39 Racecourse Rd, North Melbourne

401/39 Racecourse Rd, North Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Melcorp Property.

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 11,966 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 60 properties listed for sale, and 45 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 390 properties were sold in the past 12 months in North melbourne.

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