302/6 High St, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 622m2 and floor size of 17m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in North Melbourne in the last 12 months.
The Phone Code for this property is: 50676. Please quote this number when phoning or texting.
Delivering an impressive 11% gross rental yield, this fully managed student investment apartment offers a true set-and-forget income opportunity. Currently rented at $1,495 per month, this property combines strong returns with peace of mind, thanks to expert management by Student Housing Australia (SHA) - one of Australia's leading student accommodation providers.
Located in the heart of North Melbourne, just a short walk to Melbourne University, SHA on High St provides students with unbeatable convenience and lifestyle benefits. With trams at your doorstep, a short walk to the new Parkville train station, and the CBD just minutes away, this location ensures excellent connectivity and year-round rental demand.
The apartment comes fully furnished and features:
- Modern kitchenette with gas cooking, microwave, and ample storage
- LCD TV, study desk and chair, and secure electronic access
- Access to shared common areas and on-site laundry facilities
Outgoings:
- Council Rates: approx. $520 p.a.
- Owners Corporation Fees: approx. $2,480 p.a.
SHA's professional on-site management guarantees consistent occupancy, professional tenant care, and maximised returns - ideal for investors seeking low-maintenance property ownership in a high-demand student area.
Don't miss this rare opportunity to secure a high-yield student investment in one of Melbourne's most sought-after education hubs.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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 12,777 properties. Over the last 5 years, Houses in North Melbourne have seen a -8.72% decrease in median value, while Units have seen a -4.55% decrease. As at 30 April 2026:
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