5/1 Arden St, North Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 894m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in January 1999.
Positioned on the top level of a boutique apartment building, this expansive three-bedroom residence delivers an exceptional combination of space, natural light and inner-city convenience in one of North Melbournes most connected locations. Bathed in northern light, the generous living and dining zone flows effortlessly through French doors onto a substantial terracotta paved terrace an outstanding space for entertaining, relaxed outdoor dining or simply unwinding in the sun. The contemporary kitchen is well appointed with stainless steel appliances and ample storage, designed to complement effortless everyday living. The well-designed floorplan comprises three oversized bedrooms, including a master suite with walk through robes and private ensuite, while two further bedrooms one with built in robes, are serviced by a large central bathroom with bath. A separate European laundry and excellent storage complete the interior. Additional highlights include secure intercom entry, split system heating and cooling and secure basement parking for two cars. Enjoy the benefits of North Melbourne all just moments from trams, hospitals, Melbourne University, Errol Street cafs, transport, Queen Victoria Market, Royal Park and the CBD. An outstanding lifestyle opportunity combining space, light and location.
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 12,825 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:
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