1501/188 Macaulay Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

1501/188 Macaulay Road
North Melbourne VIC 3051

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 8156m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Aug 2026
Low

High
Save

Property Details for 1501/188 Macaulay Rd, North Melbourne

1501/188 Macaulay Rd, North Melbourne is a 4 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2019. The property has a land size of 8156m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
2019
Land Size
8156m2
Local Government
Melbourne
Lot/Plan
M1501/PS801118

Last Listing description (April 2026)

For Sale via Expressions of Interest

Panoramic city skyline views including the mountains and the bay create one of Melbournes most spectacular settings thats the sole domain of this expansive penthouse residence in a privileged single-level position atop of highly-coveted Arden Gardens. Experience sky-high living and entertaining at its luxurious best in this one-of-a-kind apartment that spanning 300 sqms approx. of opulent indoor-outdoor space, presents a remarkably rare opportunity for a top of the town, low-maintenance lifestyle of complete seclusion and security. Coupled with 4 car spaces and 4 storage cages on title, a vast single-interior of 8 principal rooms affords exceptional flexibility and lined with wide oak floorboards, double-glazing and high ceilings, is brilliantly designed to capture a breathtaking outlook at every turn while indulging residents with its array of high-end appointments. Ducted central heating and cooling, alarm system and video intercom maintain peace of mind and comfort in a whisper-quiet environment featuring 3 deluxe ensuite bedrooms (built-in robes and tiled-finished bathrooms. Executive study/office (possible fourth bedroom) complemented by a powder room, full-size laundry and a storeroom. Reception hallway entry leads to a substantial living room with a dining area, a stylish lounge room and a huge formal dining room that will most certainly impress family and guests, all served by a premium gourmet kitchen and meals area boasting a Lacanche range cooker (double-oven) and a Leibherr double-door fridge and freezer. Separate alfresco areas for outdoor entertaining are backdropped by a seemingly endless spread of Melbournes most picturesque landmarks, while the buildings attributes include an access lift, dual building lifts, and resort-style facilities such as a gym, cinema rooms, a rooftop garden, BBQ and a private function room, with a supermarket and retail stores located on the ground-floor. Luxury, space and sophistication with adaptability when needed, matched by uninterrupted views widely sweeping across the city, make for an extraordinary milieu of stunning appeal in a prized city-edge location zoned to University High School near Errol Street and Macaulay Road cafes and restaurants, Royal Park, Arden train station, trams, Queen Victoria Market, CityLink and major hospitals.

Property History for 1501/188 Macaulay Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$2,940,000
05 Jun 2017
  • 21 Jan 2026
    Listed for Sale $2,500,000
  • 05 Jun 2017
    Sold for $2,940,000
Commute Calculator

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 12,824 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 39 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 560 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

Market Insights
North Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
North Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.