5/261-265 Heidelberg Rd, Northcote is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Apartment sold in Northcote in the last 12 months.
Perfectly positioned, this updated two-bedroom apartment presents a standout opportunity for investors seeking immediate returns and long-term growth.
Refreshed throughout, the home offers a bright and contemporary feel, featuring two well-proportioned bedrooms and a stylish modern bathroom. The thoughtful updates enhance comfort and appeal, making it an attractive option for both tenants and future owner-occupiers alike.
Currently leased until July 2026, this property provides secure, hassle-free income from day one, an ideal “set and forget” investment. The inclusion of a dedicated car space adds further convenience and value, a true asset in such a sought-after location.
Situated within easy reach of Northcote & Fairfield’s vibrant café and dining scene, public transport, and nearby Yarra Bend Park this apartment offers a lifestyle of ease and connection, situated at the rear of the complex. With strong rental demand and consistent capital growth in this thriving inner-north pocket, this is an exceptional opportunity to secure a quality property in a proven growth corridor.
Whether you’re looking to expand your portfolio or lock in a future home in one of Melbourne’s most desirable suburbs, this apartment delivers the perfect blend of stability, style, and location.
The size of Northcote is approximately 6.0 square kilometres. There are 23 parks, covering nearly 11.3% of the total area. The population of Northcote in 2016 was 24561 people. By 2021 the population was 25276 showing a population growth of 2.9% in the area during that time. The predominant age group in Northcote is 30-39 years. Households in Northcote are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Northcote work in a professional occupation.In 2021, 60.30% of the homes in Northcote were owner-occupied compared with 58.60% in 2016.
Northcote has 14,389 properties. Over the last 5 years, Houses in Northcote have seen a -8.22% decrease in median value, while Units have seen a -3.94% decrease. As at 31 July 2026:
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