11/9-15 Murphy St, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 610m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in February 2001.
A long term lease secures this investment, this one bedroom apartment in good condition throughout with car space returns $12,852 per annum ($1071per month/$247per week) with annual rent reviews until August 2011. Conveniently located close to park, tram and Errol Street shops this is an ideal investment opportunity.
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 12,825 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:
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