209/188-196 Peel StreetNorth Melbourne VIC 3051
Property Details for 209/188-196 Peel St, North Melbourne
209/188-196 Peel St, North Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 699m2 and floor size of 20m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (July 2023)
Centrally located within walking distance of the CBD, Queen Victoria Market, and prominent Universities, this studio apartment is an affordable investment - perfect to diversify your investment portfolio.
This contemporary studio apartment comprises a multi-purpose bedroom/ living room, balcony with city views, bathroom, and a fully functioning kitchen with electric cooktop, sink and pantry.
Building features include a resident manager, guest laundry, luggage storage, security entry/foyer, CCTV security, tour desk, conference room, courtyard, bicycle storage and WiFi.
Located moments away from the University of Melbourne, trams and well-known bars and restaurants, this studio apartment is in a prime position for the cultured Melbourne city lifestyle.
Please note that this property is exclusively leased with City Edge North Melbourne until 2038 with rent $1,386p.m or $320PW.
This is a fabulous opportunity to diversify your investment portfolio, call now for more information!
Property History for 209/188-196 Peel St, North Melbourne, VIC 3051
- 18 Mar 2024Sold for $165,000
- 01 Mar 2022Listed for Sale Offers Welcomed!
- 18 May 2018Sold for $184,000
Recent sales nearby
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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 12,829 properties. Over the last 5 years, Houses in North Melbourne have seen a -16.89% decrease in median value, while Units have seen a -1.38% decrease. As at 31 August 2026:
- The median value for Houses in North Melbourne is $1,140,149 while the median value for Units is $506,796.
- Houses have a median rent of $775 while Units have a median rent of $600.
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