8/480 Victoria Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

8/480 Victoria Street
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 519m2
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Property Details for 8/480 Victoria St, North Melbourne

8/480 Victoria St, North Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 519m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in June 2009.

Building Type
Unit
Year Built
1900
Floor Size
100m2
Land Size
519m2
Local Government
Melbourne
Lot/Plan
8/PS449660

Last Listing description (June 2009)

'CUTTING-EDGE DESIGN, PANORAMIC CBD VIEWS!nPRICE GUIDE $440,000-$480,000 BUILT BEHIND THE IMPOSING HISTORIC FACADE OF THE FORMER GEORGE HOTEL, THIS BOLD APARTMENT HAS BEEN DESIGNED BY ITS OWNER, ARCHITECT D.S.WESTELL, AS A SPACIOUS ONE BEDROOM TOWN RESIDENCE WITH EXPANSIVE LIVING SPACES AND STATE-OF-THE-ART FACILITIES AND FINISHES. SITUATED ON THE UPPER LEVELS OF A SMALL BOUTIQUE DEVELOPMENT WITH SECURITY ENTRANCE, THE APARTMENT OPENS TO A STUDY AREA WITH A SOARING OFF-FORM CONCRETE CEILING. A HALLWAY ANGLES TO THE LEFT PAST TWO WALLS OF WARDROBE SPACE TO A WELL-PROPORTIONED BEDROOM, CARPETED IN BURGUNDY, FEATURING THE ORIGINAL ORIEL WINDOW WITH CITY VIEWS. AN IMPRESSIVELY LARGE BATHROOM, ENTERED THROUGH AN OVER-SIZED SLIDING DOOR, CONTAINS A SPA BATH AND A ONE-WAY MIRROR FITTED TO THE SHOWER ALCOVE, GIVING A LONG VIEW TO THE EXTERIOR. THE BATHROOM HAS HEATED FLOORS, MIRRORS, AND TOWEL RAILS. A HANDSOME FRAMELESS GLASS-BALUSTRADED STAIRCASE ASCENDS TO A DRAMATIC LIVING AND DINING ZONE (6.25M X 4.M), FLOORED IN ZIMBABWE BLACK GRANITE, OPENING TO A GENEROUS TWO-LEVEL BALCONY TUCKED BEHIND THE PARAPET. MOTORIZED AWNINGS ENABLE THIS AREA, WITH A 220? PANORAMA OF THE CBD AND DOCKLANDS, TO BE USED FOR YEAR-ROUND ENTERTAINING. THE KITCHEN, SLIGHTLY ELEVATED TO ONE END OF THE ENTERTAINING AREA, IS SUPERBLY FITTED WITH MIELE APPLIANCES (INCLUDING INTEGRATED COFFEE MACHINE), APPLIANCE CUPBOARDS, AND CAESARSTONE BENCHTOPS. TO ONE SIDE OF THE KITCHEN IS A LAUNDRY AND POWDER ROOM. EVERY DETAIL OF THIS LIGHT-FILLED PROPERTY INDICATES METICULOUS ATTENTION TO DETAIL. AMONG ITS MANY QUALITY INCLUSIONS ARE PHILIPPE STARCK BATHROOM FITTINGS, CABLING, CEILING SPEAKERS, REVERSE CYCLE AIRCONDITIONING, AND 15M3 OF INTERNAL STORAGE SPACE. SECURE OFF-STREET PARKING IS PROVIDED BY A KLAUS STACK PARKER. NOTE THE LOCATION: THE VICTORIA MARKET AND ERROL STREET SHOPPING AND CAFES ARE CLOSE BY, AND THE CITY IS WITHIN EASY WALKING DISTANCE. AGENT: NELSON ALEXANDER PTY LTD

Property History for 8/480 Victoria St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$545,000
04 Jun 2009
  • 04 Jun 2009
    Sold for $545,000
  • 31 May 2009
    Listed for Sale Not Disclosed
  • 05 Nov 2001
    Sold for $265,000
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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 40 properties listed for sale, and 46 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 567 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.