OFF MARKET

109/55 Villiers Street
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1037m2
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Property Details for 109/55 Villiers St, North Melbourne

109/55 Villiers St, North Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 1037m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2011
Land Size
1037m2
Local Government
Melbourne
Lot/Plan
109/PS634252

Last Listing description (November 2023)

With a strategic investment in this property, you can expect to see strong returns on your investment, thanks to its prime location in one of the most sought-after areas of Melbourne.

The rental's close proximity to Melbourne University, RMIT University, and the Queen Victoria Market makes it an attractive choice for renters and ensures a steady stream of potential tenants. And with public transport right at your doorstep, it's never been easier to access all that this incredible city has to offer.

But that's not all - the property itself is a luxurious space, complete with a private bedroom, an open-plan living area, and top-of-the-line appliances. And with the added security of a fully secured building, you can rest assured that your investment is safe and sound.

Overall, this investment opportunity is one that is not to be missed. With the potential for strong returns and a prime location in the heart of Melbourne, it's the perfect chance to grow your wealth and secure your financial future. So why wait? Contact us today to learn more and take advantage of this incredible opportunity

Property History for 109/55 Villiers St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$165,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $165,000
  • 09 Jun 2023
    Listed for Sale Make an Offer! $179,500
  • 30 Apr 2010
    Sold for $175,000

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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 12,008 properties. Over the last 5 years, Houses in North Melbourne have seen a -7.21% decrease in median value, while Units have seen a -0.09% decrease. As at 31 January 2025:

  • The median value for Houses in North Melbourne is $1,332,361 while the median value for Units is $460,907.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 45 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 471 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.