505 High Street
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About this property
Two-bedroom residence with bonus retail income in prime Northcote Nestled in the heart of vibrant High Street, this unique Northcote property offers the perfect blend of lifestyle and investment. At the rear, a fully self-contained two-bedroom residence features separate access and off-street parking, ideal for owner-occupiers. At the front, a High Streetfacing shop is securely leased to a long-term tenant, providing a reliable income stream and flexible options for owners or investors. Enjoy unbeatable convenience with cafés, restaurants, public transport, and local amenities all at your doorstep. This rare property presents a versatile opportunity to secure a charming home with the added benefit of dual income in one of Melbourne's most sought-after inner-north locations. Key Features: Two-bedroom residence, separate access, off-street parking, leased retail shop, dual-income potential.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 2
- Listed
- 2 months ago
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Neighbourhood
Living in Northcote
This 2-bedroom house in Northcote, VIC 3070 sits within reach of public transport, local shops and nearby schools. It is listed 8% above the $1.10m median of 50 comparable houseswithin 5 km.
Schools near Northcote
- Northcote Primary Schoolprimary · Prep-6 · CoEd
- Westgarth Primary Schoolprimary · Prep-6 · CoEd
- Northcote High Schoolsecondary · 7-12 · CoEd
- Santa Maria Collegesecondary · 7-12 · Girls
- Croxton Schoolspecial · U · CoEd
What's nearby
- High Street/Mitchell Street (bus) — 751 m away
- Green Horse — 842 m away
- All Nations Park — 619 m away
- Batman Park — 656 m away
- Unnamed — 786 m away
Northcote at a glance
Full suburb profile- Population
- 25,276
- Median age
- 37
- Household income
- $2,287/wk
- Median rent
- $475/wk
- Median mortgage
- $2,400/mo
Source: ABS Census.
Due diligence
Property Report
Crime & Safety
Total incidents
4,200
Estimated annual (2024-2025)
vs State average
Average
Recent trend
Stable
Incidents by category
Northcote in Melbourne's inner north exhibits crime rates broadly consistent with metropolitan averages, with theft-related incidents comprising the largest category. The suburb shows relatively stable crime patterns with moderate levels of assault and property offences. Community safety initiatives have helped maintain crime at manageable levels typical of established inner-city residential areas.
Suburb market
Suburb price trend
Northcote price trend
Median sold · House 2 bed
Compound growth -2.6% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Northcote marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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