7/1 Plane Tree WayNorth Melbourne VIC 3051
Property Details for 7/1 Plane Tree Way, North Melbourne
7/1 Plane Tree Way, North Melbourne is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1980. The property has a land size of 818m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Townhouse sold in North Melbourne in the last 12 months.
Last Listing description (November 2023)
Experience the epitome of easy North Melbourne living in this delightful and spacious two-story townhouse, perfectly positioned just moments away from the vibrant city life. The convenience of public transport right at your doorstep offers a highly desirable, stress-free lifestyle. Enjoy a refreshing dip or invigorating laps at the nearby North Melbourne pool, while the newly established Woolworths supermarket on Macauley Road ensures your everyday needs are met.
Step into a thoughtfully designed open-plan living room that seamlessly flows into a private courtyard garden, setting the scene for tranquil relaxation. The modern renovated kitchen caters to your culinary aspirations. With two generously proportioned double bedrooms and a spacious central bathroom, every requirement is met. The added advantage of off-street parking for two cars enhances the practicality of this townhouse. Notably, the property falls within the University High School zone, adding further appeal to its allure.
A leisurely stroll takes you to Errol Street for a cup of coffee, followed by a visit to the iconic Vic Market. Proximity to Melbourne Uni and various major hospitals not only provides convenience but also opens doors to a tenant-rich environment, perfect for investors.
Property History for 7/1 Plane Tree Way, North Melbourne, VIC 3051
- 23 Sep 2023Sold for $1,010,000
- 30 Aug 2023Listed for Sale $890,000 - $970,000
- 26 Nov 2010Sold for $632,000
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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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