514-516 Queensberry St, North Melbourne is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 172m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in March 2012.
SUBSTANTIAL WAREHOUSE STYLE HOME ON CITY FRINGE
ONLY A FEW DOORS FROM THE POPULAR ERROL STREET SHOPPING STRIP THIS HISTORIC FORMER DOUBLE FRONTED SHOPFRONT HAS BEEN TRANSFORMED INTO AN IMPRESSIVE INNER CITY RESIDENCE OFFERING NUMEROUS OPTIONS FOR ASTUTE PURCHASER. DESIGNED BY AWARD WINNING ARCHITECT PETER JENSEN, THE PROPERTY HAS A UNIQUE WAREHOUSE FEEL OVER TWO LEVELS. HIGHLIGHTS INCLUDE: SPACIOUS OPEN LIVING/DINING OPENING UP ONTO A DEEP NORTH FACING GARDEN WITH CAR PARKING FOR TWO CARS. FOUR BEDROOMS, 2 BATHROOMS AND AN UPSTAIRS TIMBER TERRACE WITH SPA. THE HOME ALSO BOASTS A DESIGNER KITCHEN AND TOP QUALITY APPLIANCES AND THERE?S ALSO A GENEROUS CELLAR. SHOWCASED OVER MANY YEARS IN NUMEROUS PUBLICATIONS THE HOME HAS BROAD APPEAL OFFERING A GENEROUS FAMILY SIZE HOME IN A VIBRANT LOCALE. ZONED MIXED USE, WITH ITS FLEXIBLE FLOOR-PLAN IT?S IDEAL FOR WORKING FROM HOME AND IS JUST GREAT FOR ENTERTAINING. SITUATED CLOSE TO PUBLIC TRANSPORT, MAJOR UNIVERSITIES AND HOSPITALS, TRENDY CAFES, AND THE QUEEN VICTORIA MARKET THIS IS A RARE OPPORTUNITY TO PURCHASE SOMETHING UNIQUE IN THE SOUGHT AFTER ERROL ST PRECINCT.
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 12,824 properties. Over the last 5 years, Houses in North Melbourne have seen a -14.47% decrease in median value, while Units have seen a -2.46% decrease. As at 31 July 2026:
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