509/39 Racecourse Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
 
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509/39 Racecourse Road
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1434m2
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Last updated 18 May 2026
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Property Details for 509/39 Racecourse Rd, North Melbourne

509/39 Racecourse Rd, North Melbourne is a 1 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 July 2023.

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

Last Listing description (December 2020)

** BOOK INSPECTION ONLINE OR SAVE TIME VIEW OUR 3D TOUR & APPLY**
Well presented and perfectly located, this near new apartment will be sure to impress. An unbeatable location and only minutes to Melbourne's CBD, this property is the ideal opportunity to enjoy the inner city living lifestyle. Comprising of a grand entrance hall, one bedroom with mirrored built in robe, central bathroom with oversized shower and two way access to the bedroom, modern kitchen with electric stove top, dishwasher and ample storage space, light filled central living room, all complimented by your own private balcony with city skyline views.

Other features of this property include security entrance, video intercom, one secure car space, heating and cooling, European style laundry, floorboards, high ceilings, and of course, a great location! Just a stones throw away from the Hospital precinct, the University precinct, Carlton and the caf scene, Victoria markets followed by the CBD, Royal park and Melbourne Zoo all in close proximity to your apartment! With a tram stop near your front door step, this property is only a short tram ride to the heart of the Melbourne CBD! Ensure that you register to inspect today as this property wont be available for long!

**** TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT PROPERTIES ****
By registering your details, you will be INSTANTLY informed of any updates, changes or cancellations for your property appointment. If no one registers for an inspection time, the inspection may not proceed.


DONT MISS OUT! Please book for an inspection today.


Photo ID is required at all inspections.


Only 1Form applications will be accepted for this property.

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Property History for 509/39 Racecourse Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$285,000
14 Jul 2023
Listed for Rent
$310/w
07 Dec 2020
  • 14 Jul 2023
    Sold for $285,000
  • 11 Nov 2020
    Listed for Rent $310 / week
  • 27 Apr 2016
    Sold for $429,750
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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 12,783 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 39 properties listed for sale, and 30 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 565 properties were sold in the past 12 months in North melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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