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
Heritage & Conservation
Northcote is an inner-northern Melbourne suburb with substantial Victorian and Edwardian residential heritage, particularly along Separation Street and High Street. The suburb is subject to heritage overlay controls through Darebin City Council, protecting late 19th and early 20th-century building stock and streetscape character. Properties in heritage zones may face development restrictions and require council approval for alterations.
Restrictions
- Building permits required for external alterations in Heritage Overlay zones
- Restrictions on demolition of contributory structures
- Front fencing and garden treatment controls in some precincts
- Limitations on signage and commercial modifications to heritage buildings
Nearby heritage items
Distance from this property is exact (rings = km). Direction is illustrative.
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
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Price history
Listing price changes
1 price change recorded for this property
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