SOLD
Sold on 16 Mar 2024 for $880,000

159 Peel Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 91m2
Sold By
Nelson Alexander Carlton North
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Property Details for 159 Peel St, North Melbourne

159 Peel St, North Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 91m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in North Melbourne in the last 12 months.

Building Type
House
Land Size
91m2
Local Government
Melbourne
Lot/Plan
1/TP108615

Last Listing description (March 2024)

Just moments away from Queen Victoria Market, Errol Street's vibrant cafes and bars, and conveniently located near city-bound trams, sits this charming two-bedroom terrace. Concealed behind its secure fence and original facade, this cozy abode boasts a comfortable living/dining area, modern bathroom with laundry provisions, and a neat kitchen that opens onto a private courtyard with rear pedestrian access via Anderson Lane.
With high ceilings, classic charm and tidy presentation, there's ample opportunity to explore options and transform this classic dwelling into a contemporary residence (STCA).
Perfectly positioned within walking distance of numerous transport options, hospitals, and the scenic Flagstaff Gardens.

Additionally, leading schools and universities, City Link, and the bustling CBD are all within easy reach.

Property History for 159 Peel St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$880,000
16 Mar 2024
Listed for Rent
$480/w
18 Jan 2022
  • 16 Mar 2024
    Sold for $880,000
  • 21 Feb 2024
    Listed for Sale Auction $800,000 - $880,000
  • 14 Nov 2019
    Listed for Rent $480 / 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 11,900 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 59 properties listed for sale, and 49 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 404 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.