401/39 Racecourse Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

401/39 Racecourse Road
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1434m2
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Property Details for 401/39 Racecourse Rd, North Melbourne

401/39 Racecourse Rd, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 1434m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2016
Floor Size
58m2
Land Size
1434m2
Local Government
Melbourne
Lot/Plan
401/PS728864

Last Listing description (January 2025)

As easy, stylish, and functional as city's fringe living gets, this wonderful 2 bedroom apartment offers high quality designer finishes and a location which has you moments to everything!

This architecturally-designed complex has striking street presence, while inside, exquisite timber floors, pristine stone, and floor-to-ceiling windows adds to this apartment's allure. The relaxed living and meals zone benefits from a north-easy orientation, and has easy entry out to the balcony which promises exciting views.

Quality Smeg appliances are highlights of the functional kitchen which is part of the central living area. Both bedrooms are equipped with built-in robe storage, while also enjoy a rain shower bathroom, European laundry, secure intercom entry, and secure car space.

You're a few steps to the picturesque and expansive Royal Park, and close to Debney Park, Boundary Road Reserve, Newmarket Plaza Shopping Centre, Melbourne Zoo, Flemington Racecourse, schools, buses, trams, and Flemington Bridge Station.

Property History for 401/39 Racecourse Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$360,000
06 Nov 2024
Listed for Rent
$480/w
07 Jun 2016
  • 06 Nov 2024
    Sold for $360,000
  • 13 Aug 2024
    Listed for Sale $360,000
  • 17 May 2016
    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. 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 12,779 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 35 properties listed for sale, and 29 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 565 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.