48 Canning Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

48 Canning Street
North Melbourne VIC 3051

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 197m2
Land area: 233m2
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Property Details for 48 Canning St, North Melbourne

48 Canning St, North Melbourne is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2015. The property has a land size of 233m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
2015
Floor Size
197m2
Land Size
233m2
Local Government
Melbourne
Lot/Plan
1/TP612718

Last Listing description (November 2023)

Crafting a show-stopping masterpiece of modern design, Krisna Cheung Architects have ingeniously redefined the boundaries of family living amid the compact constraints of the urban inner city. Its striking black exterior instantly captures the eye, exuding modern elegance while sitting at one within its natural environs.

Inside, a towering 5.5m void, precision-placed windows, and a black-and-white colour palette creates a playful dance of natural light and leafy vistas through its voluminous space. The minimalist design erases bulky architraves and cornices, instead using clean crisp lines and a blend of concrete, timber, and metal surfaces, in a stylish nod to the industrial buildings that once graced its surrounds.

With a focus on finesse and functionality, the vast open plan layout offers space for family and friends to gather for relaxation and dining, all while hiding abundant storage, including a butler's pantry and laundry behind a Spotted Gum wall. The kitchen unites black moody cabinetry with glistening stainless-steel benches, providing a wide Bertazzoni stove, an Asko dishwasher, and a central island prep-bench.

Hemmed by full height, glazed sliding doors, the exposed aggregate concrete floors flow seamlessly to the outdoors, indulging indoor-outdoor entertaining amid northerly landscaped gardens, while also providing side-street vehicle access.

A spacious library acts as a second living domain, inviting quiet retreat with a good book from the wall of shelving, and also offering a private space for home-based work.

Upstairs, an open-air deck is centrally placed, providing a tranquil sanctuary to watch the sun set over the treetops at day's end. At one side, the kids' domain provides three generous robed bedrooms with study desks and fitted robes, plus a chic family bathroom, and a balcony retreat to two of those bedrooms. On the other side, parents are pampered with their own balcony, plus a walk-in robe and a private ensuite with a luxe bathtub.

Finished with a large workshop/bike shed, plus all the trimmings for sustainable living, the home is situated to promote a leisurely family lifestyle, surrounded by cosy cafs, takeouts, and supermarkets, leading hospitals, Royal Park, University High School, and city-bound trams and the soon-to-be Arden station, while an easy stroll from Errol Street shopping, Queen Victoria market, and the endless indulgences of the CBD.

Property History for 48 Canning St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$2,500,000
13 Nov 2023
  • 13 Nov 2023
    Sold for $2,500,000
  • 04 Oct 2023
    Listed for Sale $2,625,000
  • 13 Feb 2004
    Sold for $455,000
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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 12,780 properties. Over the last 5 years, Houses in North Melbourne have seen a -2.81% decrease in median value, while Units have seen a -2.82% decrease. As at 31 December 2025:

  • The median value for Houses in North Melbourne is $1,292,495 while the median value for Units is $502,545.
  • Houses have a median rent of $675 while Units have a median rent of $595.
There are currently 38 properties listed for sale, and 25 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 533 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.