497 Abbotsford St, North Melbourne is a 2 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 85m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
A terrific inner-city lifestyle or blue-ribbon investment opportunity, this quintessential Victorian home is a winner either way with its eternal charm, quality enhancements, further potential and enviably convenient location.
Impeccably presented throughout, the home's immediately enjoyable interior comprises two spacious bedrooms (both with built-in robes) complemented by a neat bathroom with frameless shower and floor-to-ceiling tiles. Enhancing its appeal is the inclusion of a full-width central living/meals area leading through to the updated kitchen complete with gas cooker and dishwasher. High ceilings, solid timber floors and split-system heating/cooling add to the allure, plus internal laundry facilities and sunny low-maintenance courtyard with high fences for privacy and direct access to Erskine Lane behind.
Moments from a choice of tram lines (routes 57, 58 and 59) and the open spaces of Royal Park, it's also close to Parkville's renowned hospital and university precincts, local cafes, popular schools (Uni HS zone) and Arden Gardens Woolies, as well as easy access to Macaulay Station and Citylink.
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 -8.72% decrease in median value, while Units have seen a -4.55% decrease. As at 30 April 2026:
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