5/231 Peel St, North Melbourne is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 726m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in June 2000.
In a highly sought after city edge location, take in breathtaking views in this super spacious and most appealing apartment. Nestled within the hospital district, all the best of Melbourne is at your fingertips, coupled with the convenience of an expansive, yet low maintenance home. A generous open plan living area flows out to a balcony benefiting from remarkable city outlooks, ideal for alfresco dining. The kitchen is fitted with ample storage and a range of quality appliances, including gas cooktop, oven and dishwasher. Both bedrooms are equipped with built in robes, accompanied by two bathrooms. A large European laundry, timber flooring, secure undercover car space, split system heating and cooling plus two electric panel heaters and intercom entry, complete the home. An easy stroll away from the University of Melbourne and the Queen Victoria Markets, with Flagstaff Gardens, Peel Street and Swanston Street trams, and the CBD all in close proximity. A larger than most apartment in a boutique building is a rare offering not to be missed.
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The size of North Melbourne is approximately 2.4 square kilometres. It has 12 parks covering nearly 4.7% of 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 12,778 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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