GROUND FLOOR/28 Melrose Street, North Melbourne, VIC 3051 | Property Value & History | OnTheHouse
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GROUND FLOOR/28 Melrose Street
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for Ground Floor/28 Melrose St, North Melbourne

Building Type
Commercial
Local Government
Melbourne
Lot/Plan
1/TP383483

Last Listing description (March 2023)

Modern and unique!

In the heart of established Hotham Hill, this truly unique property offers a a quiet lifestyle with all the perks of city living.

Positioned above a caf with private entry, a grand staircase leads up to a light-filled, New York style open plan kitchen and living area, complete with heating/cooling and quality kitchen appliances. A beautifully finished bedroom with lovely exposed brick walls and high ceiling provides a cosy retreat. Modern bathroom fit with shower, storage and washing machine. Mezzanine above living area provides additional storage or hide-away!

Property comes fully furnished.

Located opposite North Melbourne Woolworths Centre, cafes galore on Melrose Street and public transport only 5 mins over the road. Be sure to enquire quick!

Property History for Ground Floor/28 Melrose St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
  • 21 Feb 2023
    Listed for Rent $420.00 Per Week - Furnished
  • 28 Jul 2021
    Listed for Rent $350 pw
  • 20 Oct 2020
    Listed for Rent $380 Per Week pw
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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 12,849 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 44 properties listed for sale, and 38 properties listed for rent in North melbourne on OnTheHouse. According to Cotality's data, 556 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.