8/70 Racecourse RoadNorth Melbourne VIC 3051
Property Details for 8/70 Racecourse Rd, North Melbourne
Last Listing description (December 2020)
*Due to Melbourne's Stage 4 Restrictions, all Nelson Alexander team members are working from home. Please contact us via email or phone to speak about your options to view this property virtually. Thank you.*
Get in early with this 55m2 office close to the huge urban renewal projects planned for the Arden/Macaulay precinct.
A great hedge against rising CBD and city-fringe office rents. A great location for your tenants.
*Immediately adjacent to tram stop and train station
*All Major arterial hubs are right on your doorstep
*Close to the planned Arden/Macaulay Urban Renewal Precinct
*Quick and easy access to the CBD
*2 x secure undercover parking spaces - one on title, one leasehold
*Individually controlled heating and cooling
*24 hour secure entry with lift access
*Communal kitchen and amenities
Property History for 8/70 Racecourse Rd, North Melbourne, VIC 3051
- 25 Nov 2020Sold for $185,000
- 19 Dec 2019Listed for Sale $225,000.00
- 27 Sep 2018Listed for Sale $245,000
Recent sales nearby
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0About 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 12,793 properties. Over the last 5 years, Houses in North Melbourne have seen a -7.57% decrease in median value, while Units have seen a -4.48% decrease. As at 31 March 2026:
- The median value for Houses in North Melbourne is $1,295,341 while the median value for Units is $502,419.
- Houses have a median rent of $750 while Units have a median rent of $600.
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