2/704 Victoria Street, North Melbourne, VIC 3051 sold on 12 March 2026 | OnTheHouse
SOLD
Sold on 12 Mar 2026 for $570,000

2/704 Victoria Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 2/704 Victoria St, North Melbourne

2/704 Victoria St, North Melbourne is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Apartment sold in North Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (March 2026)

Sold by Kim Davey

Set within a beautifully converted heritage building once known as the iconic Mulcahy’s Hotel, this striking apartment showcases an exceptional transformation into refined residential living. Enhanced by impressive ceiling heights and gleaming polished floorboards, the expansive living and dining zone is complemented by a sleek Caesarstone and stainless-steel kitchen and a superbly low-maintenance outdoor entertaining area—perfect for relaxed inner-city living.

Two generous bedrooms, each with built-in robes, deliver outstanding comfort, while a stylish, immaculately presented bathroom completes the picture with finesse.
Secure, private and superbly located moments from North Melbourne Station, Errol Street’s vibrant café culture and excellent local shopping, this is a rare opportunity to enjoy sophisticated living in one of the city’s most coveted fringe-CBD settings.

Property History for 2/704 Victoria St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$570,000
12 Mar 2026
  • 12 Mar 2026
    Sold for $570,000
  • 06 Feb 2026
    Listed for Sale $535,000 - $580,000
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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 12,820 properties. Over the last 5 years, Houses in North Melbourne have seen a -10.73% decrease in median value, while Units have seen a -6.01% decrease. As at 30 June 2026:

  • The median value for Houses in North Melbourne is $1,239,553 while the median value for Units is $491,194.
  • Houses have a median rent of $755 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 39 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 566 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Kim Davey
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Donazzan Boutique Property
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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.