48 Melrose St, North Melbourne is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 191m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last transferred in November 2025.
This attractive double fronted Victorian home retains charming period features and has been renovated to provide a stunning open plan living environment. Enjoying family sized accommodation and situated within the University High Zone, a great lifestyle opportunity awaits. On a wide, quiet street, you will be living within easy walking distance of shops, transport and fabulous parkland. Boasting polished floorboards throughout, the house comprises entry hall, three double bedrooms (main with ensuite and two with built in robes), central bathroom with bath and shower, separate toilet, and laundry. At the rear is a huge open plan living space, full of light, including a modern well appointed kitchen with dishwasher. Two pairs of glass doors open to extend the living area onto the back deck and entertainer's courtyard. Comfort levels are maintained with ducted heating throughout, while romantic open fireplaces have been retained in two of the bedrooms.
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 12,793 properties. Over the last 5 years, Houses in North Melbourne have seen a -13.53% decrease in median value, while Units have seen a -7.61% decrease. As at 31 May 2026:
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