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Sold on 20 Oct 2024 for $1,135,000

26 Purcell Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 78m2
Sold By
Lucas Mills Real Estate
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Property Details for 26 Purcell St, North Melbourne

26 Purcell St, North Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 78m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in North Melbourne in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
95m2
Land Size
78m2
Local Government
Melbourne
Lot/Plan
3/PS329274

Last Listing description (November 2024)

A subtle blend of lifestyle and location, just moments from Errol Street, and within walking distance of the Queen Victoria Market, CBD and University and Hospital Precincts. This light filled contemporary property benefits from 2 street frontages as well as off street parking capability and on street permit parking.

The ground floor features a smart open plan living area with a clever division of space and views to a rear outdoor space all enhanced by hardwood flooring, a refurbished kitchen and downstairs powder room. The first floor offers two spacious and airy bedrooms plus an excellent home office or study space. Public transport options a plenty, a selection of primary and secondary schools within walking distance and located in the much sought after University High School and North Melbourne Primary School catchment zones. This property is one of North Melbourne's hidden gems.

Property History for 26 Purcell St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$1,135,000
20 Oct 2024
Listed for Rent
$460/w
20 Apr 2021
  • 20 Oct 2024
    Sold for $1,135,000
  • 02 Sep 2024
    Listed for Sale Not Disclosed
  • 15 Mar 2021
    Listed for Rent $460 / 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 11,912 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 60 properties listed for sale, and 53 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 394 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.