717/23 Blackwood Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
FOR SALE

717/23 Blackwood Street
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 4054m2
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Property Details for 717/23 Blackwood St, North Melbourne

717/23 Blackwood St, North Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 4054m2.This Property is currently listed for sale with Professionals First & Co

Building Type
Unit
Year Built
2016
Land Size
4054m2
Local Government
Melbourne
Lot/Plan
717/PS719578

Last Listing description (July 2026)

Perfectly positioned in one of North Melbourne's most convenient and highly sought-after locations, this well-presented 1-bedroom, 1-bathroom apartment offers exceptional lifestyle and investment appeal.

Situated within walking distance of The University of Melbourne, RMIT University, major hospitals, and the Melbourne CBD, this property is ideally suited to students, professionals, academics, and investors seeking strong rental demand year-round.

Enjoy the convenience of having everything at your doorstep, including Queen Victoria Market, Melbourne Central, public transport, cafes, restaurants, parks, and shopping facilities. Multiple tram routes provide direct access to the CBD, Carlton, Parkville and beyond.

The light-filled apartment features a comfortable bedroom with built-in robes, an open-plan living and dining area, a modern kitchen, and a well-appointed bathroom. Low-maintenance and easy to lease, it presents an excellent opportunity for both owner-occupiers and investors looking to secure a property in Melbourne's renowned education and medical precinct.

Property Highlights:
Spacious 1 bedroom with built-in robe
Modern bathroom
Open-plan living and dining area
Walking distance to Melbourne University and RMIT
Close to major hospitals and research institutions
Excellent public transport connectivity
Minutes from Queen Victoria Market and Melbourne CBD
Strong rental demand in a premium inner-city location

Whether you're looking for your first home, a city base, or a smart investment, this apartment delivers outstanding convenience in one of Melbourne's most desirable university precincts.

Photo ID required at all open for inspections.

Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 717/23 Blackwood St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$397,000
21 Jan 2016
Listed for Rent
$500/w
13 Nov 2023
  • 21 Jul 2026
    Listed for Sale Contact Agent | $350,000 - $380,000
  • 21 Oct 2024
    Listed for Rent $510 / week
  • 26 Oct 2023
    Listed for Rent $500 / week
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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 12,826 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.
There are currently 41 properties listed for sale, and 46 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.