SOLD
Sold on 25 Mar 2024 for $745,000

109/150 Peel Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 90m2
Sold By
Jellis Craig Kensington
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Property Details for 109/150 Peel St, North Melbourne

109/150 Peel St, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 90m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in North Melbourne in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
90m2
Land Size
90m2
Local Government
Melbourne
Lot/Plan
109/PS509339

Last Listing description (August 2024)

Surrounded by the celebrated attractions of its coveted city-fringe locale, this first-floor gem offers considered calm and lifestyle vibrancy with magnificent outlooks of the neighbouring cityscape.

Promoting refined style and carefree comfort, a clever interior centres around a stone-top gourmet kitchen and superb living/dining domain, combining to offer relaxing space to unwind, work from home, and entertain. Attracting brilliant coverage of natural light while streamlining indoor/outdoor flow, sliding glass reveals a residence-width terrace, with sun-splashed afternoons and summer evenings enriched by signature skyscraper outlooks. A smart central bathroom joins built-in robes in serving two considerable bedrooms, while further highlights include reverse-cycle heating and cooling, stainless-steel kitchen appliances, a fitted desk to master, intercom, European laundry, and basement parking space with added storage.

With the bustling city centre a quick tram or bicycle ride away, it's mere metres from major hospitals, leading universities, Parkville Station (2025), and the iconic Queen Victoria Market, along with the lively retail, restaurants, and nightlife of eclectic Errol Street.

Property History for 109/150 Peel St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$745,000
25 Mar 2024
Listed for Rent
$550/w
08 Feb 2022
  • 25 Mar 2024
    Sold for $745,000
  • 12 Mar 2024
    Listed for Sale Contact Agent
  • 14 Jan 2022
    Listed for Rent $550 / week
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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 11,892 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 55 properties listed for sale, and 53 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 406 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Disclaimer
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.