318/350 Victoria St, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1880. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in North Melbourne in the last 12 months.
Situated on the very edge of Melbourne's CBD, this third-floor Polaris apartment combines a light-filled interior with heritage surrounds to offer a high-yielding investment or low-maintenance city pad.
Step inside to discover a character-filled interior comprising a double bedroom with built-in robes complemented by stylish bathroom with shower/tub combo. Add to this an open-design living/meals area adjoined by a well-appointed kitchen complete with stainless-steel cooking appliances and dishwasher. Other fine features include panel heating, internal laundry facilities, high ceilings, solid hardwood floors, secure entry foyer and lower-level parking space, plus, the apartment's iconic arched sash windows have all recently been fully refurbished and open to a spectacular city view.
Moments from the tram stop (free tram zone) and Melbourne's iconic Queen Victoria Market, it's also walking distance to a myriad of eateries, Flagstaff Gardens, Flagstaff Station, Melbourne Uni, RMIT and the city itself.
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:
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