1/221 Peel Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

1/221 Peel Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 726m2
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Property Details for 1/221 Peel St, North Melbourne

1/221 Peel St, North Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 726m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
Unit
Year Built
1995
Floor Size
88m2
Land Size
726m2
Local Government
Melbourne
Lot/Plan
15/PS415995

Last Listing description (February 2018)

A truly stunning modern & spacious apartment awaits you in this highly regarded city fringe development within an easy stroll to the Queen Victoria Market, Melbourne University, hospitals, RMIT, CBD & with the tram at your doorstep. Comprising two spacious bedrooms with large BIRs & skylights, huge open living/dining flooded with natural light, entertainer s kitchen with gas cooking, dishwasher & ample bench/cupboard space, two pristine bathrooms, separate European style laundry, balcony, intercom entry & secure remote controlled undercover car space.

Property History for 1/221 Peel St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$356,000
15 Mar 2007
Listed for Rent
$520/w
31 Jan 2018
  • 11 Aug 2023
    Listed for Rent $425 / week
  • 24 Jan 2018
    Listed for Rent - Price not available
  • 27 Jan 2016
    Listed for Rent - Price not available
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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 2016 was 14940 people. By 2021 the population was 14953 showing a population growth of 0.1% 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 2021, 33.00% of the homes in North Melbourne were owner-occupied compared with 28.50% in 2016.

North Melbourne has 12,780 properties. Over the last 5 years, Houses in North Melbourne have seen a -0.28% decrease in median value, while Units have seen a -1.39% decrease. As at 31 January 2026:

  • The median value for Houses in North Melbourne is $1,315,638 while the median value for Units is $498,827.
  • Houses have a median rent of $680 while Units have a median rent of $595.
There are currently 38 properties listed for sale, and 34 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 534 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.