2/231 Peel Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
 
OFF MARKET

2/231 Peel Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 726m2
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Last updated 2 Feb 2026
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Property Details for 2/231 Peel St, North Melbourne

2/231 Peel St, North Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 726m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2005.

Building Type
Unit
Year Built
1998
Floor Size
90m2
Land Size
726m2
Local Government
Melbourne
Lot/Plan
14/PS415995

Last Listing description (July 2015)

North Melbourne is the place to live ! This large apartment has two large bedrooms with built in robes and windows with a large terrace at the back of the apartment for you to enjoy. Two full size bathroom with showers ,toilets etc.Laundry.Large Kitchen area with gas cook/top,elect/oven,dishwasher and nice lot of cupboard space.Large open plan living/dining area with a balcony with city views.Reverse cycle heating/air conditioning .1 Secure under cover car space.Trams in the Street also down Elizabeth Street to CBD, across the Street is the Royal Melbourne Hospital , New Peter Mac Hospital, Children Hospital just down Road & Melbourne University just 5 mins away.Vic Market ,RMIT,shops and CBD just down the Street what a place to live.
Private inspection phone Carol Campbell on 0412 042 062.

Property History for 2/231 Peel St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$335,000
26 Nov 2005
Listed for Rent
$540/w
03 Jul 2015
  • 10 Jun 2015
    Listed for Rent - Price not available
  • 22 Mar 2013
    Listed for Rent - Price not available
  • 05 Feb 2012
    Listed for Rent - Price not available
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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 12,782 properties. Over the last 5 years, Houses in North Melbourne have seen a -2.81% decrease in median value, while Units have seen a -2.82% decrease. As at 31 December 2025:

  • The median value for Houses in North Melbourne is $1,292,495 while the median value for Units is $502,545.
  • Houses have a median rent of $675 while Units have a median rent of $595.
There are currently 40 properties listed for sale, and 29 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 533 properties were sold in the past 12 months in North melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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