402/83 Flemington RoadNorth Melbourne VIC 3051
Property Details for 402/83 Flemington Rd, North Melbourne
402/83 Flemington Rd, North Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (May 2023)
An outstanding rental opportunity to add to your investment portfolio. Currently leased at $1673pcm - lease ending 28.04.23
Potential for 6.9% rental yield.
High-quality finished kitchen with stainless steel appliances, two large pantries and white stone counter tops.
Generous sized main bedroom with built-in-robes.
Modern bathroom, with large walk-in rainfall shower, Large vanities and storage.
European laundry, split system, large windows and covered balcony.
Secure intercom and fob key entry.
The roof-top garden and common entertainment space features breathtaking 360-degree views of Melbourne, BBQ facilities and communal vegetable garden.
Well-maintained building with building manager on site during weekdays.
Alexkarbon Real Estate Pty Ltd
241 Union Road, Ascot Vale 3032
122 Errol Street, North Melbourne 3051
Property History for 402/83 Flemington Rd, North Melbourne, VIC 3051
- 26 Dec 2022Sold for $300,000
- 30 Mar 2022Listed for Rent $385 / week
- 01 Nov 2021Listed for Sale $405,000
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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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