5/1 Arden Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

5/1 Arden Street
North Melbourne VIC 3051

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 47m2
Land area: 894m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 5/1 Arden St, North Melbourne

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.

Building Type
Unit
Year Built
2016
Floor Size
47m2
Land Size
894m2
Local Government
Melbourne
Lot/Plan
16/PS411322

Last Listing description (June 2026)

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.

Property History for 5/1 Arden St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$290,000
29 Jan 1999
  • 24 Apr 2026
    Listed for Sale $975,000 - $1,020,000
  • 29 Jan 1999
    Sold for $290,000
  • 12 Dec 1998
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

About North Melbourne 3051

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:

  • The median value for Houses in North Melbourne is $1,239,553 while the median value for Units is $491,194.
  • Houses have a median rent of $755 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 41 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 566 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

Market Insights
North Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
North Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.