1/394-398 Queensberry Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

1/394-398 Queensberry Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 838m2
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Property Details for 1/394-398 Queensberry St, North Melbourne

1/394-398 Queensberry St, North Melbourne is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1890. The property has a land size of 838m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in September 2025.

Building Type
Townhouse
Year Built
1890
Floor Size
89m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
1/PS313984

Last Listing description (December 2025)

Set within a landmark heritage building, this exceptional two-bedroom townhouse offers a unique blend of period character and contemporary style, complete with a huge wrap-around courtyard and private off-street parking. Fronting a boutique group of only six residences, this home delivers space, light, and sophistication in a premier city-edge location.

Features include:
Spacious open-plan living and dining area bathed in natural light from six surrounding windows

Modern kitchen with stainless-steel appliances and ample storage
Two generous upstairs bedrooms, each with built-in robes
Central bathroom with shower and bathtub, plus separate toilet and European laundry
Expansive wrap-around courtyard perfect for entertaining or relaxing
Split-system heating and cooling and polished hardwood floors throughout
Gated off-street parking and abundant under-stair storage

Positioned opposite the iconic St Marys Church and moments from Errol Street cafs, Queen Victoria Market, hospitals, Melbourne University, trams, Royal Park, and the new Parkville train station, this residence offers an exceptional lifestyle in one of North Melbournes most desirable settings.

Jellis Craig Inner North Property Management invites you to inspect this property.

If you would like to inspect this property please click book inspection or make an appointment and we will be in contact to arrange a suitable time. Alternatively, you can email the agent or visit the property listing on www.jelliscraig.com.au and click Book Inspection'.

Property History for 1/394-398 Queensberry St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$1,050,000
13 Sep 2025
Listed for Rent
$820/w
04 Dec 2025
  • 06 Nov 2025
    Listed for Rent $820 / week
  • 13 Sep 2025
    Sold for $1,050,000
  • 21 Aug 2025
    Listed for Sale $1,000,000 - $1,100,000
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About North Melbourne 3051

The size of North Melbourne is approximately 2.4 square kilometres. There are 12 parks, covering nearly 4.7% of the 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 12,813 properties. Over the last 5 years, Houses in North Melbourne have seen a -16.89% decrease in median value, while Units have seen a -1.38% decrease. As at 31 August 2026:

  • The median value for Houses in North Melbourne is $1,140,149 while the median value for Units is $506,796.
  • Houses have a median rent of $775 while Units have a median rent of $600.
There are currently 33 properties listed for sale, and 29 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 566 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.