171-173 Melrose StreetNorth Melbourne VIC 3051
Property Details for 171-173 Melrose St, North Melbourne
171-173 Melrose St, North Melbourne is a bedroom, bathroom House with 1 parking spaces. The property has a land size of 373m2. While the property is not currently for sale or for rent, it was last sold in June 2009.
Last Listing description (September 2009)
REDEVELOPMENT OPPORTUNITY
A RARE OPPORTUNITY TO ACQUIRE 2 SHOPS LOCATED IN A RESIDENTIAL 1 ZONE, PROVIDING A FANTASTIC OPPORTUNITY FOR A RESIDENTIAL REDEVELOPMENT STCA. SUPERB ACCESS TO CBD, CITYLINK, ROYAL PARK, MELBOURNE UNIVERSITY, UNIVERSITY HIGH, ROYAL CHILDRENS HOSPITAL, ROYAL MELBOURNE HOSPITAL, QUEEN VICTORIA MARKET, RUNNING/CYCLING TRACKS, TRAMS AND MUCH MORE.
Property History for 171-173 Melrose St, North Melbourne, VIC 3051
- 20 Jun 2009Sold for $800,000
- 11 Jun 2009Listed for Sale POA
- 25 Mar 2000Sold for $192,000
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0About 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 11,888 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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