5/1 Plane Tree WayNorth Melbourne VIC 3051
Property Details for 5/1 Plane Tree Way, North Melbourne
5/1 Plane Tree Way, North Melbourne is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2000. The property has a land size of 818m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Townhouse sold in North Melbourne in the last 12 months.
Last Listing description (January 2024)
In a prime position, this generous 146sqm three-bedroom, two-bathroom town residence combines spacious proportions, double garage and a low maintenance lifestyle. The open plan living, meals and kitchen, with stainless steel appliances and gas cooking opens to a large private, decked terrace that's ideal for alfresco dining and entertaining. Upstairs are three large bedrooms, a central family bathroom, split system heating and cooling, all with separate balconies, whilst the master enjoys a walk-in-robe and ensuite. Further enhanced by the separate laundry, downstairs powder room and home office. A private entrance from the double garage complements an outstanding inner-city lifestyle. Moments to trams, local shops, zoned to University High School, Universities, parks, major hospitals, and easy access to Melbourne's CBD.
Property History for 5/1 Plane Tree Way, North Melbourne, VIC 3051
- 18 Nov 2023Sold for $1,200,000
- 25 Oct 2023Listed for Sale $1,100,000 - $1,150,000
- 24 Dec 2014Listed for Rent $725 / 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 12,049 properties. Over the last 5 years, Houses in North Melbourne have seen a 17.44% increase in median value, while Units have seen a 11.53% increase. As at 31 July 2024:
- The median value for Houses in North Melbourne is $1,252,042 while the median value for Units is $493,068.
- Houses have a median rent of $720 while Units have a median rent of $550.
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