806/39 Racecourse Road, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
OFF MARKET

806/39 Racecourse Road
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1434m2
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Last updated 18 May 2026
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Property Details for 806/39 Racecourse Rd, North Melbourne

806/39 Racecourse Rd, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 1434m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
2016
Land Size
1434m2
Local Government
Melbourne
Lot/Plan
806/PS728864

Last Listing description (May 2024)

Bright and spacious apartment is amazing location.

- Two Large Bedrooms with Robes (master with ensuite bathroom)
- Large Entertaining Balcony

- Modern European Kitchen Appliances
- Car Park with Storage Cage
- Located near Royal Childrens, Melbourne University, Freeway, Flemington Racecourse, Melbourne Zoo, Train, Tram, Shops, Supermarkets and more!

Despite it's close proximity to the bustling CBD, North Melbourne is a wonderful suburban pocket. Relatively flat by all accounts with compliments to its grand residential homes and tree-lined streets, North Melbourne is also host to gorgeous parklands, an array of international cuisines and a great mix of living options. You'll never be hard pressed to find a green space in this wide-street filled suburb. Locating a park for a picnic, spot of lunch or to walk the dog is not a problem in North Melbourne. Head to Royal Park or Clayton Reserve, or the copious community gardens on offer that provide quiet sanctuaries at the intersections of this district's streets and roads.

Property History for 806/39 Racecourse Rd, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$559,625
21 Jan 2016
  • 23 May 2024
    Listed for Rent $520 / week
  • 21 Jan 2016
    Sold for $559,625
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About 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 12,777 properties. Over the last 5 years, Houses in North Melbourne have seen a -8.72% decrease in median value, while Units have seen a -4.55% decrease. As at 30 April 2026:

  • The median value for Houses in North Melbourne is $1,304,139 while the median value for Units is $515,667.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 28 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 566 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.