526 Victoria StreetNorth Melbourne VIC 3051
Property Details for 526 Victoria St, North Melbourne
Last Listing description (January 2018)
We are offering for purchase an ideal investment property, with great street presence, located in a popular precinct next to Subway and near many tertiary education facilities including RMIT and Melbourne University.
Key investment attributes include:
* Leased to noodle bar - Cindy's Kitchen
* Income $36,277.34 as at March 2018
* Fixed annual increases
* Ideal position near tertiary education precinct
* Perfect SMSF investment property
For further information and inspections, contact:
SALLY-ANNE MCQUILLAN - 0400 203 203 or sallyanne@nicholscrowder.com.au
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.
Property History for 526 Victoria St, North Melbourne, VIC 3051
- 15 Nov 2017Sold for $675,000
- 04 Oct 2017Listed for Sale Contact Agent
- 15 Nov 2006Sold for $450,000
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 12,824 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:
- The median value for Houses in North Melbourne is $1,238,107 while the median value for Units is $502,125.
- Houses have a median rent of $760 while Units have a median rent of $610.
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