126-128 Peel Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

126-128 Peel Street
North Melbourne VIC 3051

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 217m2
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Property Details for 126-128 Peel St, North Melbourne

Building Type
Commercial
Land Size
217m2
Local Government
Melbourne
Lot/Plan
1/TP403968

Last Listing description (October 2023)

Stand alone modern office building of 185 sqm (approx) which is located in busy Peel Street close to Victoria Market, CBD, Errol Street shops and offers quick and easy access to CityLink. The office area comprises a large open plan area, kitchenette and amenities. The building is full carpeted and air conditioned and has car parking for two cars (tandem) and features a loading dock at the rear entrance. The property is located on a corner and offers the opportunity for a firm to create a new corporate headquarters. Inspection by appointment.

Property History for 126-128 Peel St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$63,750
21 Dec 1994
Listed for Rent
$66k/w
13 Oct 2023
  • 13 Oct 2023
    Listed for Rent $66,000 / year
  • 17 May 2023
    Listed for Rent $66,000 / year
  • 21 Dec 1994
    Sold for $63,750
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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 12,823 properties. Over the last 5 years, Houses in North Melbourne have seen a -14.47% decrease in median value, while Units have seen a -2.46% decrease. As at 31 July 2026:

  • The median value for Houses in North Melbourne is $1,238,107 while the median value for Units is $502,125.
  • Houses have a median rent of $760 while Units have a median rent of $610.
There are currently 42 properties listed for sale, and 44 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 565 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.