46 Melrose Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

46 Melrose Street
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 166m2
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Last updated 25 May 2026
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Property Details for 46 Melrose St, North Melbourne

46 Melrose St, North Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 166m2.

Building Type
House
Land Size
166m2
Local Government
Melbourne
Lot/Plan
1/TP758194

Last Listing description (November 2025)

A stones throw to Royal Park, world-class hospitals and Melbourne University, this character-filled Victorian-era weatherboard offers comfort, ease and exceptional convenience along with exciting scope for you add your own personal touches to really make it yours. Located in the buzzy burb of North Melbourne - voted in the top 25 coolest suburbs 2025 per Time Out Magazine Instantly captivating thanks to its charming double-fronted faade, the home opens to interiors where high ceilings and glossy floors are highlights. A central hallway leads past the homes two bedrooms, both of generous proportions. At the heart of the home is a welcoming lounge and dining area a space for family relaxation, special occasions and everything in between. The rear kitchen is practical with ample cupboard and preparation space. A bathroom and laundry complete the accommodation, which also features heating and air-conditioning along with an outdoor entertaining area and storage shed. Transform the existing floorplan with a spectacular renovation behind the period faade perhaps explore options of building up to accommodate your growing family (STCA). Close Boundary Road Reserve for easy leisure time enjoyment, the home is also within easy reach of the CBD, Victoria Market, Melbourne Zoo, trams, trains and a wonderful array of shops and cafes.

Property History for 46 Melrose St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
  • 13 Nov 2025
    Listed for Sale $950,000 - $1,045,000
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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, 577 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.