5/1 Arden Street, North Melbourne$997,500
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For Saleapartment

5/1 Arden Street

North Melbourne, VIC 3051, Australia
$975,000 – $1.02m
3 bed 2 bath 2 car

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About this property

Positioned on the top level of a boutique apartment building, this expansive three-bedroom residence delivers an exceptional combination of space, natural light and inner-city convenience in one of North Melbourne's most connected locations. Bathed in northern light, the generous living and dining zone flows effortlessly through French doors onto a substantial terracotta paved terrace an outstanding space for entertaining, relaxed outdoor dining or simply unwinding in the sun. The contemporary kitchen is well appointed with stainless steel appliances and ample storage, designed to complement effortless everyday living. The well-designed floorplan comprises three oversized bedrooms, including a master suite with walk through robes and private ensuite, while two further bedrooms one with built in robes, are serviced by a large central bathroom with bath. A separate European laundry and excellent storage complete the interior. Additional highlights include secure intercom entry, split system heating and cooling and secure basement parking for two cars. Enjoy the benefits of North Melbourne all just moments from trams, hospitals, Melbourne University, Errol Street cafés, transport, Queen Victoria Market, Royal Park and the CBD. An outstanding lifestyle opportunity combining space, light and location.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Listed
2 months ago

Repayment calculator

$4,836/month
$2,418 /fortnight
Loan $798,000 at 6.10% over 30 years

Upfront costs

Deposit$199,500
Stamp duty$54,863
Conveyancing (est.)$2,000
Total upfront$256,363
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in North Melbourne

This 3-bedroom apartment in North Melbourne, VIC 3051 sits within reach of public transport, local shops and nearby schools. It is listed 75% above the $570,000 median of 63 comparable apartmentswithin 5 km.

Schools near North Melbourne

  • North Melbourne Primary Schoolprimary · Prep-6 · CoEd
  • St Michael's Primary Schoolprimary · Prep-6 · CoEd
  • Mount Alexander 7-12 College-River Nile Campussecondary
  • River Nile Schoolsecondary · 11-12 · Girls
  • SEDA College (Victoria) - The Huddle, North Melbourne Football Clubsecondary
  • St Aloysius Collegesecondary · 7-12 · CoEd

What's nearby

  • Abbotsford Street/Haines Street (bus)600 m away
  • Zanes Hair621 m away
  • Leveson Street Park127 m away
  • Unnamed238 m away
  • Unnamed244 m away

North Melbourne at a glance

Full suburb profile
Population
14,953
Median age
31
Household income
$1,717/wk
Median rent
$381/wk
Median mortgage
$2,035/mo

Source: ABS Census.

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Suburb market

Suburb price trend

North Melbourne price trend

Median sold · Unit 3 bed

Compound growth +0.6% / yr over 4 yrs

$850kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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