FOR SALE
$285,000

69/171 Flemington Road
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Iconic Inner City Living or Investment

This well presented studio apartment is ideally located with CBD transport, major hospitals and the university at your doorstep. Positioned on the sixth floor of the iconic Royal Park Towers building, this apartment comprises an entrance hall, bedroom with built in robe and dressing table, central bathroom with separate toilet, kitchen and open plan living adjoining a north facing covered balcony. Features an intercom to security entrance foyer, a separate lockable storage unit on the same floor and an off-street car space. Also offers access to communal laundry room, in-ground swimming pool and landscaped gardens. Offers fantastic convenience for owner occupiers or investors, with a brilliant location and the flexibility of a current month to month tenancy. Also within the catchment area of the highly sort after University High School. Inspect by appointment - Richard Simpson 0402 223 027.
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Property Details for 69/171 Flemington Rd, North Melbourne

69/171 Flemington Rd, North Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with W. B. Simpson & Son.

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 12,055 properties. Over the last 5 years, Houses in North Melbourne have seen a 14.56% increase in median value, while Units have seen a 12.70% increase. As at 31 August 2024:

  • The median value for Houses in North Melbourne is $1,249,163 while the median value for Units is $505,232.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 47 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in North melbourne.

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Kyle Colburn
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W. B. Simpson & Son
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