507/187 Boundary Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

507/187 Boundary Road
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 1583m2
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Property Details for 507/187 Boundary Rd, North Melbourne

507/187 Boundary Rd, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1583m2 and floor size of 48m2.

Building Type
Unit
Year Built
2012
Floor Size
48m2
Land Size
1583m2
Local Government
Melbourne

Last Listing description (December 2024)

Discover the epitome of city living in this sleek one-bedroom unit in the heart of North Melbourne. This modern residence combines the ease of compact living with stylish finishes and the conveniences of a central urban location. Perfect for professionals or couples, this apartment offers a sophisticated lifestyle with premium amenities along with car park and storage facility.

The open-plan living and dining area is the heart of this home, boasting a versatile space that merges the living and kitchen areas seamlessly. Floor-to-ceiling windows illuminate the room with natural light, enhancing the wooden-look vinyl flooring that adds a contemporary touch. The space is perfect for entertaining guests or enjoying a quiet evening at home, with direct access to a cozy balcony for an extended living experience.

Comfort meets style in the bedroom, where soft carpeting and built-in robes create a restful retreat featuring double doors that ensure privacy while offering ample storage. Adjacent, the bathroom is efficiently featuring modern fixtures and a clean, crisp design that includes top-notch fittings for a spa-like atmosphere.

Positioned in the heart of North Melbourne, this apartment benefits from its proximity to essential amenities and cultural hotspots like the Melbourne Zoo. Whether its dining at trendy cafes, shopping in boutiques, or accessing Flemington Station, everything you need is just a stones throw away. The location offers easy access to major roads and public transport, ensuring that all of Melbourne is within reach.

This unit is not just a place to live but a gateway to experiencing the dynamic lifestyle of North Melbourne, making it an attractive option for those seeking convenience and class in the city.

Property History for 507/187 Boundary Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Listed for Rent
$300/w
28 Jun 2017
  • 27 Jun 2024
    Listed for Sale $300,000- $310,000
  • 28 Jun 2017
    Listed for Rent $300 / week
  • 26 Sep 2016
    Listed for Rent - Price not available
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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 12,777 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:

  • The median value for Houses in North Melbourne is $1,304,139 while the median value for Units is $515,667.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 30 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 572 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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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.