405/187 Boundary Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
 
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405/187 Boundary Road
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 18 May 2026
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Property Details for 405/187 Boundary Rd, North Melbourne

405/187 Boundary Rd, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012.

Building Type
Unit
Year Built
2012
Local Government
Melbourne

Last Listing description (May 2021)

Fantastic Entry Level North Melbourne

Located in the distinctive Serra Apartments complex, this fourth level residence offers spacious living in a prime city-edge location.

- Vacant Possession
- Above 50 m2 internal living area

- Approx 8 m2 terrace
- Open-plan living/dining area
- Stone-top kitchen and stainless steel appliances.
- Split-system heating/cooling and double glazed windows
- European laundry
- Lower level 1 car space
- Lower Level storage cage
- Video intercom/secure entry foyer
- Lift access
- Walk to Flemington Bridge Station and Racecourse Road trams, Royal Park
- Close to hospital/university precincts and Citylink.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

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Property History for 405/187 Boundary Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
  • 01 May 2021
    Sold - Price Undisclosed
  • 06 Feb 2021
    Listed for Sale Contact Agent
  • 27 Sep 2018
    Listed for Rent $315
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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 12,778 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 28 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 566 properties were sold in the past 12 months in North melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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