SOLD
Sold on 04 Jun 2024 for $922,000

403/211 Peel Street
North Melbourne VIC 3051

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 762m2
Sold By
VICPROP Hawthorn
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Property Details for 403/211 Peel St, North Melbourne

403/211 Peel St, North Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 762m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in North Melbourne in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
92m2
Land Size
762m2
Local Government
Melbourne
Lot/Plan
403/PS810967

Last Listing description (June 2024)

Inspired by an industrial modernism that does away with superfluous flourish, each space is defined by simplicity, intelligence, and style.

A modern material pallete of engineered wood and stone is set against concrete ceilings, its minimalist colour composition best expressed by a monochromatic kitchen and the use of black joinery elements.

The design is thoughtful without intending to be so, with its stylised approach embracing restrained form-making and understated simplicity.

Accommodation requirements are met by three well-sized bedrooms - two with BIR sharing a main bathroom, and a third with BIR and private ensuite.

An accessible and superbly styled address, features include floor-to-ceiling bathroom tiling with frameless waterfall showers, LED strip lighting, and floor-to-ceiling windows.

This acclaimed Northern quarter places the cultural commons of Errol Street and Queen Victoria Market within easy reach, and boasts easy access to Melbourne Central, Flagstaff Gardens, Lygon Street, and other local Melbourne landmarks.

Property History for 403/211 Peel St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$922,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $922,000
  • 04 Mar 2024
    Listed for Sale Under Offer
  • 23 Jul 2019
    Sold for $923,300

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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 11,888 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.
There are currently 54 properties listed for sale, and 53 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 406 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.