508/211 Peel StreetNorth Melbourne VIC 3051
Property Details for 508/211 Peel St, North Melbourne
508/211 Peel St, North Melbourne is a 1 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 68m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in North Melbourne in the last 12 months.
Last Listing description (March 2024)
Positioned on the very edge of the CBD, this modern apartment is the epitome of luxury living. With its quality design and timeless style, it
offers a unique blend of modern aesthetics and city convenience, featuring two spacious bedrooms (both with BIRs and main with ensuite and
city views), central bathroom, quality kitchen, dining, and living with floor to ceiling glass doors accessing the large balcony. Other features include exposed concrete ceilings, split system heating and cooling, ceiling fans, custom built cabinetry throughout,
Property History for 508/211 Peel St, North Melbourne, VIC 3051
- 21 Mar 2024Sold for $690,000
- 14 Feb 2024Listed for Sale Private Sale $699,000
- 27 Apr 2018Sold for $704,629
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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 11,897 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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