98 Errol StreetNorth Melbourne VIC 3051
Property Details for 98 Errol St, North Melbourne
Last Listing description (May 2025)
A rare opportunity for a savvy investor/builder/developer to complete this modern extension/renovation of this historic building in the heart of North Melbourne. Situated on site of 118 sqm (approx) and boasting brilliant rear car and pedestrian access from Lancashire Lane, the building comprises ground floor shop with kitchenette and disabled bathroom, together with a contemporary town residence spread over two spacious levels. The apartment features a planned separate entrance from rear stairway, large living/dining room with floating timber floors, kitchen with European appliances and island bench, two good sized bedrooms both with BIRs and main with stunning city views, large central bathroom, European laundry and split system air conditioning throughout. Completion items include power, sewerage, car port, rear stair, kitchen terrace, rear landscaping and some internal fit out work. Situated approximately 1 km from the Melbourne CBD, close to public transport, CityLink, Docklands, Queen Victoria Market and Melbourne's Tertiary and Hospital Precincts. Plans to complete available. Inspect by Appointment.
Property History for 98 Errol St, North Melbourne, VIC 3051
- 10 Aug 2022Sold for $1,000,005
- 07 Mar 2022Listed for Sale $1,400,000
- 26 Apr 2008Sold for $620,000
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0About 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 12,779 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.
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