508/6 High StreetNorth Melbourne VIC 3051
Property Details for 508/6 High St, North Melbourne
508/6 High St, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 25m2 and floor size of 17m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (December 2024)
Step into a world of convenience and style with this contemporary, furnished student-only apartment situated at the heart of Melbourne's education and cultural precinct.
Rental renewals are already underway for 2025 and the new rent is tipped to be approx $320/week
This apartment offers an unparalleled opportunity for astute investors keen on capitalising on the surging demand for student accommodation.
Purpose-built for students and designed with modern living in mind. It features a practical kitchenette equipped with a small fridge, microwave, and gas cooktop, alongside an ensuite-style bathroom that promises comfort and privacy. The apartment's well-conceived layout maximizes the use of space, ensuring residents enjoy both functionality and ease of living.
Savor the convenience of a security entrance, communal laundry, and lift access to all levels. Stay connected with Wi-Fi available at affordable rates, an essential for the modern student. The building also boasts tram stop nearby, placing Melbourne University, RMIT, and the iconic Queen Victoria Market all within quick reach. The convenience store just moments away further enhances the appeal for a stress-free student lifestyle.
With rental demand soaring and students flocking back to the country, this investment is poised for substantial rental yield growth. The location alone guarantees a steady influx of potential tenants, providing a promising income stream for the future.
Embrace the vitality of city life with this perfectly positioned studio apartment. It's not just a wise investment; it's a slice of Melbourne's vibrant urban landscape, ready to deliver returns and lifestyle in equal measure.
Contact us now to secure your investment in the future of student living!
NOTE - Images of this apartment include staged furnishings.
Property History for 508/6 High St, North Melbourne, VIC 3051
- 08 Dec 2024Sold for $125,000
- 30 Nov 2024Listed for Sale UNDER OFFER
- 26 Nov 2024Listed for Rent $325 / week
Recent sales nearby
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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 12,780 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.
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