408/187 Boundary Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

408/187 Boundary Road
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 1583m2
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Property Details for 408/187 Boundary Rd, North Melbourne

408/187 Boundary Rd, 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 1583m2 and floor size of 54m2.

Building Type
Unit
Year Built
2011
Floor Size
54m2
Land Size
1583m2
Local Government
Melbourne

Last Listing description (January 2026)

Discover the perfect blend of modern comfort and inner-city convenience in this stylish apartment positioned in the heart of North Melbourne. With bright open spaces, quality finishes, and access to fantastic local amenities, this home delivers effortless living just moments from the CBD.

Whether youre a professional, student, or couple, this superbly positioned apartment offers a lifestyle of ease with trams, cafes, parks, and hospitals all within walking distance.

Property Features:

- Light-filled open-plan living and dining area
- Modern kitchen with stainless steel appliances
- Spacious bedroom with built-in wardrobe
- Contemporary bathroom with quality fittings
- Private balcony for fresh air and relaxation
- Split-system heating and cooling
- Secure building entry
- Lift access
- Well-maintained complex with great security

Location Highlights:
- Moments from Royal Melbourne Hospital & The University of Melbourne
- Easy tram access straight into the CBD
- Close to Queen Victoria Market, Errol Street cafs, and local shops
- Walking distance to parks and green spaces
- Quick access to major roads and CityLink
- Highly convenient city-fringe address

Experience comfortable modern living in one of Melbournes most connected suburbs this apartment wont last long!

Arranging an inspection is easy! Simply click 'Register To Inspect' to arrange for an inspection. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment.

Property History for 408/187 Boundary Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Listed for Rent
$500/w
04 Dec 2025
  • 24 Nov 2025
    Listed for Rent $500 / week
  • 08 Feb 2017
    Listed for Rent $300 / week
  • 13 Nov 2013
    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 12,778 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 34 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.