507/8 Vale StreetNorth Melbourne VIC 3051
Property Details for 507/8 Vale St, North Melbourne
507/8 Vale St, North Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a floor size of 55m2.
Last Listing description (September 2024)
Modern & stylish fully furnished studio apartments.
This student accommodation building features:
Security entrance & video security surveillance, on site management, lift access to all floors, common courtyard, balcony and lounge, communal laundry and bicycle storage.
All located within only minutes walking distance of Melbourne University and RMIT. Close to Victorian Market and only 100 meters from public transport and convenience store.
Each Apartment features study desk, TV, bed, dining table, modern kitchen with gas cooking & bathroom. Some apartments with private balcony.
Discount electricity supply through student rate provider
Wireless internet available.
All apartments rental includes gas and water usage
Property History for 507/8 Vale St, North Melbourne, VIC 3051
- 11 Sep 2024Listed for Rent $380 / week
- 20 Oct 2023Listed for Rent $325 / week
- 02 Sep 2019Listed for Rent $295 / 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 11,896 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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