123/55 Villiers StreetNorth Melbourne VIC 3051
Property Details for 123/55 Villiers St, North Melbourne
123/55 Villiers St, North Melbourne is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in North Melbourne in the last 12 months.
Last Listing description (February 2024)
This studio apartment is perfect for a smart investor, with returns of over 7.5% locked away until Feb 21, 2024 and increasing to over 11% until June 30, 2024.
With its ideal location close to Melbourne Universities and public transport, you won't want to miss this great opportunity.
This studio apartment comes with a modern kitchenette, including gas-cooktop, dishwasher, microwave cavity, and mini-bar fridge.
Split system heating & cooling, and secure swipe/intercom entry provide everything your tenant could want.
With Trams on your doorstep, as well as restaurants, cafes, and shopping
all within walking distance, this apartment is a must see for astute investors.
Property History for 123/55 Villiers St, North Melbourne, VIC 3051
- 19 Feb 2024Sold for $162,000
- 29 Nov 2023Listed for Sale $160,000 - $170,000
- 15 Sep 2016Listed for Rent - Price not available
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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 11,897 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.
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