472 Victoria StreetNorth Melbourne VIC 3051
Property Details for 472 Victoria St, North Melbourne
Last Listing description (June 2022)
Immaculate two storey brick building, with prominent street exposure.
* Ground floor retail shop and upstairs dwelling
* Ground floor building area 40sqm approx.
* Land area 132sqm approx
* Superb rear access and potential off street parking on offer (STCA) via Trafalgar Place, which also provides a direct walkway through to Errol Street's historic retail precinct.
* The North Melbourne precinct is undergoing some amazing infrastructure change, with the new train station part of Melbourne's metro rail network providing direct access to the CBD.
* 57 Tram at your doorstep, easy access to Tullamarine Freeway (25 minutes) to Melbourne Airport.
* An abundance of cafes, restaurants, all major banks, and national retailers are on offer in this tightly held location.
* All major hospitals, universities, and the famous world-renowned Queen Victoria Market are all within walking distance.
* Commercial 1 Zone.
* Settlement Terms 30 /60 / 90 Days.
* 10% Deposit.
* Property will be sold with vacant possession.
For more information contact:
Tom Ayfantis on 0408 574 048 or tom@crsproperty.com.au
Property History for 472 Victoria St, North Melbourne, VIC 3051
- 30 May 2022Sold for $1,350,000
- 16 Dec 2020Listed for Sale POA Contact Agent
- 16 Jul 1982Sold for $53,000
Recent sales nearby
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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 12,815 properties. Over the last 5 years, Houses in North Melbourne have seen a -10.73% decrease in median value, while Units have seen a -6.01% decrease. As at 30 June 2026:
- The median value for Houses in North Melbourne is $1,239,553 while the median value for Units is $491,194.
- Houses have a median rent of $755 while Units have a median rent of $600.
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