520/55 Villiers StreetNorth Melbourne VIC 3051
Property Details for 520/55 Villiers St, North Melbourne
520/55 Villiers St, North Melbourne is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Apartment sold in North Melbourne in the last 12 months.
Last Listing description (April 2024)
Centrally located in North Melbourne, this one bedroom student apartment is located within walking distance from the University of Melbourne and RMIT. The ground floor features a courtyard with bicycle racks for students to use. The student apartment is fully furnished which includes a bed, TV and study table among others.
Kitchen features a dishwasher, microwave oven, fridge/freezer and gas burner stove. Easily accessible via public transportation and within close proximity to IGA supermarket and institutions such as The Royal Melbourne Hospital, The Royal Women's Hospital, The Royal Children's Hospital and Queen Victoria Market.
The building complex boasts of study lounges, recreation rooms, coin operated laundry and a rooftop courtyard with barbeque.
An excellent turnkey investment property with an onsite staff to manage any needs that may arise.
Property History for 520/55 Villiers St, North Melbourne, VIC 3051
- 01 Jul 2024Listed for Rent $400 / week
- 20 Apr 2024Sold for $180,000
- 03 Apr 2024Listed for Sale $180,000
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0About 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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