40B Molesworth StreetNorth Melbourne VIC 3051
Property Details for 40b Molesworth St, North Melbourne
40b Molesworth St, North Melbourne is a 1 bedroom, 1 bathroom House and was built in 1868. The property has a land size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom House sold in North Melbourne in the last 12 months.
Last Listing description (October 2024)
Enter via Stewarts Lane. Unique in so many wonderful ways, this semi-detached period home known as the Drover's cottage, presents a value-packed inner-city lifestyle opportunity with its adaptable design, serene surrounds and close proximity to everything that counts.
Frontage to Youngs Lane, the home's light and bright interior comprises a large bedroom with built-in robes complemented by an updated central bathroom.
Add to this a versatile living room leading through to the open dining area adjoined by a neat kitchen complete with gas cooker and plentiful storage.
Other features include split-system heating/cooling, internal laundry facilities and an abundance of natural light throughout, plus a backyard oasis with charming cottage garden, brick paving and direct access to Stewart's Lane behind.
A short stroll to the open spaces of Royal Park, a choice of tram routes, and Parkville's hospital precinct, it's also close to Melbourne University and popular schools (Uni HS zone), along with Errol Street's cafe precinct, Queen Victoria Market and Flemington Bridge Station.
Property History for 40b Molesworth St, North Melbourne, VIC 3051
- 19 Oct 2024Sold for $757,500
- 25 Sep 2024Listed for Sale Auction $777,500 - $795,000
- 12 Oct 2020Listed for Rent $400 / 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 11,892 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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