508/39 Racecourse Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

508/39 Racecourse Road
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1434m2
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Property Details for 508/39 Racecourse Rd, North Melbourne

508/39 Racecourse Rd, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 1434m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
Unit
Year Built
2016
Land Size
1434m2
Local Government
Melbourne
Lot/Plan
508/PS728864

Last Listing description (May 2022)

This modern apartment is in a prime location for comfortable living. Close to Melbourne University, Children's Hospital, Royal Park, Melbourne Zoological Garden, Flemington Racecourse, and other amenities. Tram 57 is at your doorstep and takes you right into the Melbourne CBD and Victoria Market.

. Two bedrooms with built-in robes
. Lounge room with stunning views

. Open plan kitchen with Smeg stainless steel appliances and stone benchtop
. One Bathroom and European style laundry
. Cool and heat air conditioning system
. One security car parking

To apply, please use agent code : 405407

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Property History for 508/39 Racecourse Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$460,000
30 Jun 2015
Listed for Rent
$400/w
25 May 2022
  • 05 Apr 2022
    Listed for Rent $400 / week
  • 25 Jan 2021
    Listed for Rent $350 / week
  • 30 Jun 2015
    Sold for $460,000
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About North Melbourne 3051

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 12,779 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 38 properties listed for sale, and 28 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 569 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.