11/70 Racecourse Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

11/70 Racecourse Road
North Melbourne VIC 3051

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 55m2
Land area: 644m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 11/70 Racecourse Rd, North Melbourne

Building Type
Commercial
Year Built
2011
Floor Size
55m2
Land Size
644m2
Local Government
Melbourne
Lot/Plan
11/PS604364

Last Listing description (June 2018)

11/70 Racecourse Road is a contemporary office suite ideal for owner occupiers or investors.
The affordable open plan office includes:
- Plenty of natural light

- Intercom
- A/C & heating
- Internal size 55 sqm approx
- Communal kitchenette and amenities
- 1 on-site car park
- Conveniently located near the free-way, train and tram station
- Only 3km (approx) from Melbourne CBD

Potential Return of Investment (ROI) 6.3% or occupy yourself and stop paying rent! You have the option.
For further information or to arrange an inspection please call Gianni Fazzari on 0488 442 388
Alexkarbon Real Estate
122 Errol Street, North Melbourne VIC 3051

Property History for 11/70 Racecourse Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$187,000
07 Jun 2018
Listed for Rent
07 Jun 2018
  • 07 Jun 2018
    Sold for $187,000
  • 05 May 2018
    Listed for Rent $12,000 / year
  • 08 Jan 2018
    Listed for Rent $12,000 / year
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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 12,766 properties. Over the last 5 years, Houses in North Melbourne have seen a -8.72% decrease in median value, while Units have seen a -4.55% decrease. As at 30 April 2026:

  • The median value for Houses in North Melbourne is $1,304,139 while the median value for Units is $515,667.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 28 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 558 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.