4/231 Peel Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
 
OFF MARKET

4/231 Peel Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 726m2
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Property Details for 4/231 Peel St, North Melbourne

4/231 Peel St, North Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 726m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
1995
Floor Size
100m2
Land Size
726m2
Local Government
Melbourne
Lot/Plan
24/PS415995

Last Listing description (January 2020)

In a highly sought after city edge location, take in breathtaking views in this spacious, attractive apartment. Nestled within the hospital district, all the best of Melbourne is at your fingertips, coupled with the convenience of a well appointed home. A generous open plan living area flows out to a balcony benefitting from remarkable city outlooks, ideal for alfresco dining. The kitchen is fitted with ample storage and a range of quality appliances, including gas cooktop, oven and dishwasher. Both bedrooms are equipped with built in robes, accompanied by two bathrooms. A European laundry, secure undercover car space and intercom entry complete the home. An easy stroll away from the University of Melbourne and the Queen Victoria Markets, with Flagstaff Gardens, Peel Street and Swanston Street trams, and the CBD all in close proximity. A larger than most apartment in a boutique building is an incredibly rare offering an opportunity not to be missed!

Property History for 4/231 Peel St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$705,000
23 Jan 2020
Listed for Rent
$530/w
12 Sep 2019
  • 23 Jan 2020
    Sold for $705,000
  • 16 Jan 2020
    Listed for Sale $689,000
  • 19 Aug 2019
    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 12,777 properties. Over the last 5 years, Houses in North Melbourne have seen a -0.28% decrease in median value, while Units have seen a -1.39% decrease. As at 31 January 2026:

  • The median value for Houses in North Melbourne is $1,315,638 while the median value for Units is $498,827.
  • Houses have a median rent of $680 while Units have a median rent of $595.
There are currently 40 properties listed for sale, and 30 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 534 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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