40 Alfred Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

40 Alfred Street
North Melbourne VIC 3051

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 125m2
Land area: 220m2
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Property Details for 40 Alfred St, North Melbourne

40 Alfred St, North Melbourne is a 3 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 220m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1890
Floor Size
125m2
Land Size
220m2
Local Government
Melbourne
Lot/Plan
2/TP449132

Last Listing description (January 2022)

*This property is open for inspection. In accordance with Victorian Government requirements, only fully vaccinated people will be able to attend the open for inspection for this property. If you are not fully vaccinated, please contact the agent to inspect privately.

A spectacular home situated within the most in demand growth pocket of North Melbourne and positioned on allotment of approximately 325m2. Meticulously restored, this family-sized property showcases four genuinely large bedrooms (all with robes) complemented by two stylish bathrooms, fitted with centralised heating and cooling. The high ceilings and period features are fully enjoyed with the ample natural light. The open-plan dining area flows from the well-appointed kitchen complete with quality appliances and leads out to the highly sought after and large rear yard that is rarely found in North Melbourne. This exclusive inner-city precinct renowned for its rich heritage character is benefitting from an infrastructure boom, with projects such as Metro Tunnel-Arden Station and the Arden Macaulay Precinct set to enhance this already Premium locale. Walking distance to a selection of transport options, and on the doorstep of the University and Hospital Precincts and enhanced by easy access to Citylink, Errol Street shops and cafes, Queen Victoria Market and the CBD along with a selection of Premium Schools. This is an exceptional family sized home for the present while having great investment upside for the future.

Property History for 40 Alfred St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$1,440,000
30 Nov 2021
  • 30 Nov 2021
    Sold for $1,440,000
  • 25 Oct 2021
    Listed for Sale Contact Agent
  • 19 Oct 2011
    Listed for Sale SOLD - $600,000
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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 12,777 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:

  • The median value for Houses in North Melbourne is $1,304,139 while the median value for Units is $515,667.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 33 properties listed for sale, and 30 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 579 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Cotality Copyright and Legal Disclaimers about Property Data
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.