205/150 Peel St, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 2035m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2003.
Positioned in a sought-after pocket of North Melbourne, this contemporary apartment offers low-maintenance living with exceptional convenience. Featuring two spacious bedrooms, modern finishes, and a secure car space, this is an excellent opportunity to secure an inner-city home through a lease transfer.
Property Features
Two generous bedrooms, both with built-in robes
Ideally located just moments from Melbourne's CBD, this apartment offers easy access to everything you need:
Queen Victoria Market
Melbourne CBD
Multiple tram routes and public transport options
University of Melbourne and RMIT University
Royal Melbourne Hospital, The Royal Women's Hospital and Peter MacCallum Cancer Centre
An array of cafs, restaurants, supermarkets and local parks
Lease Information
Break Lease Opportunity
Rent: $680 per week
Available: 25 September 2026
Current lease expires: End of January 2027
Option to extend the tenancy, subject to landlord approval.
This well-presented apartment is perfect for professionals, students or anyone seeking a quality residence in one of Melbourne's most desirable inner-city locations.
"Prospective renters are required to register for the open-for-inspection to view the property. This ensures they are promptly notified of any changes or cancellations to the scheduled inspection."
To apply, please copy and paste the following link into your browser:
https://our.property/9iea
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 12,827 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:
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