501/6 High St, North Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 614m2 and floor size of 18m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Unit sold in North Melbourne in the last 12 months.
Looking for the cheapest property in Melbourne, You've found it.
Presenting a rare investment or first home opportunity, this modern lifestyle apartment maximises natural light and living space with quality inclusions and an inner city urban outlook.
The well-integrated living/dining and bedroom area is openly connected to a defined stone kitchen with stainless steel gas appliances. The light filled interior extends onto a balcony, perfect for relaxing and soaking up the vibrant city backdrop. Additional highlights include a tastefully styled monochrome bathroom, shared laundry facilities and a neutral colour scheme throughout.
This impressive apartment provides an ideal entry-level opportunity attracting high rental returns. It embraces a walk-to-everywhere location within a stroll of the city's major shopping destinations, university, RMIT, Queen Victoria Market, Docklands and many transport options, including North Melbourne Station.
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 12,008 properties. Over the last 5 years, Houses in North Melbourne have seen a 7.69% increase in median value, while Units have seen a -1.48% decrease. As at 31 December 2024:
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