48 Molesworth St, North Melbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 246m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Beyond the veil of this pretty Victorian fa?ade exists a dazzling display of architectural design, blending enduring period character with bespoke modernity. Welcomed by 11-foot ceilings and Baltic floors, the home transitions from period charm to modern indoor-outdoor living, featuring raw ceiling rafters and bright skylights to emphasise light and space.
Framed by a soaring 5-metre raked ceiling and a heated polished concrete floor, the room is a voluminous space to relax and dine with family and friends amid natural light and garden views. The kitchen gathers guests around a central island, easily catering with Miele appliances and abundant two-pack cabinetry, while dressed in Stone Italiana benches and a bright glass splashback reminiscent of the home?s original wall colour.
A sprawling patio promotes alfresco dining under a shower of northern sun, integrating with a stunning garden setting dotted with tranquil fishponds and delicious vegetable gardens. At the back of the block, a secure carpark is accessed via Youngs Lane, complemented by two residential parking permits (subject to council approval).
Providing two lavishly sized robed bedrooms in Victorian style, plus a spacious mezzanine bedroom or home office, the home is finished with a sparkling, fully tiled bathroom, a European laundry, and plenty of storage.
A tranquil retreat in effervescent city-fringe surrounds, the home is situated within footsteps of Errol Street?s eclectic eateries, shopping, and city-bound trams, Royal Park recreation, prestigious universities and hospitals, and the Queen Victoria market, while zoned for the sought-after University High School.
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 12,780 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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