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1/8 Falshaws Lane
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/8 Falshaws Lane, North Melbourne

1/8 Falshaws Lane, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in North Melbourne in the last 12 months.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
1/PS416839

Last Listing description (July 2024)

Resonating with rich history and modern style in an original bluestone wall setting, this rare warehouse conversion is reminiscent of a city apartment in London or Paris with ground-level entrance and remote-control garaging. Originally the site of billiard table manufacturers in the 1880s, the renowned Fallshaw Brothers were acknowledged by champions as being the best and operated here on the corner of O’Shanassy Street in a building now redesigned as a boutique block of only nine. Right on cue for discerning buyers seeking a distinctive low-maintenance option on the city’s dynamic edge; wooden ceiling beams and a terracotta tiled floor create an evocative ambience of captivating character that is brilliantly enhanced for current-day enjoyment by a stylish layer of contemporary quality. This completely unique single-level home with electric panel heating features 2 good-sized bedrooms including built-in robes, a modern central bathroom and a European laundry before a spacious open-plan living and dining room adjoining a stunning new gourmet kitchen. Be on the ball and quickly secure this private and peaceful warehouse apartment with an undercover car parking space that offers effortless access to surrounding amenities including Errol Street cafes and shops, trams, the new Arden Street train station, Royal Park, local recreation centre, major hospitals, Melbourne University, Queen Victoria Market, University High and North Melbourne Primary schools, as well as the CBD.

Property History for 1/8 Falshaws Lane, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
23 Jul 2024
  • 23 Jul 2024
    Sold for $720,000
  • 10 Jul 2024
    Listed for Sale $675,000 - $725,000
  • 11 Aug 2007
    Sold for $430,000
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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 11,895 properties. Over the last 5 years, Houses in North Melbourne have seen a 9.83% increase in median value, while Units have seen a 13.41% increase. As at 31 October 2024:

  • The median value for Houses in North Melbourne is $1,357,465 while the median value for Units is $527,495.
  • Houses have a median rent of $700 while Units have a median rent of $540.
There are currently 56 properties listed for sale, and 49 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.

Suburb Insights for North Melbourne 3051

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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.