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Soldhouse

58-60 Erskine Street

North Melbourne, VIC 3051, Australia
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8 bed 2 bath510 m²

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Listing description

About this property

For Sale via Expressions of Interest Bestowing unique character on an astounding 510sqm (approx.) lot, this early pair of Victorian terrace homes offers immediate comfort alongside innumerable possibilities. Listed on one title with separate utilities, these homes on large allotments inspire dreams for the future. A 'Choose your own adventure' in real life, the exciting prospects include a modern extension and renovation, a consolidation of the two homes into one large residence, a subdivision to create two, or even a third home in the huge yard (all options are subject to council approval). Whichever path you choose, with both homes currently leased with excellent returns and further income generation potential, per annum, the income can bring you closer to your dream. Beyond their charming weatherboard façades, the interiors feel voluminous and light-filled beneath their soaring ceilings. The vast and tranquil north-facing backyards deliver an almost rural ambience in this vibrant city-fringe location, indulging alfresco enjoyment with family and friends beneath a shower of sun. 58 Erskine was extended some 50 years ago to offer a large lounge room plus a separate kitchen and dining room, while 60 Erskine provides an integrated kitchen and living domain. Both homes have four-bedroom, one-bathroom accommodation for family living in this community-focussed locale. Situated on Hotham Hill, the homes are mere footsteps from Royal Park, surrounding cafés, Arden Gardens shopping, plus city-bound trams, and Arden and Macaulay train stations. Perfectly connected for lifestyle, the homes are minutes from Melbourne's best hospitals, esteemed schools and universities including University High and North Melbourne Primary schools, Errol Street's entertainment, the Queen Victoria Market, and the endless delights of the CBD.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
8
Bathrooms
2
Land Area
510 m²
Listed
2 months ago

Repayment calculator

$3,757/month
$1,879 /fortnight
Loan $620,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$155,000
Stamp duty$41,570
Conveyancing (est.)$2,000
Total upfront$198,570
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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 8-bedroom house in North Melbourne, VIC 3051 sits within reach of public transport, local shops and nearby schools.

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

  • Melrose Street/Canning Street (bus)251 m away
  • Melrose Convenience Store149 m away
  • Unnamed197 m away
  • Pleasance Gardens315 m away
  • Unnamed358 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.

Due diligence

Property Report

Heritage & Conservation

Complete
Heritage listedConservation area

North Melbourne is an inner-city suburb with significant Victorian-era heritage character, featuring extensive streetscapes of 19th-century terraced housing, particularly along Errol Street and surrounding residential streets. The area is subject to Heritage Overlay controls and character-based planning restrictions that protect its distinctive residential charm and architectural integrity. Many properties are individually listed or fall within conservation areas managed by the City of Melbourne.

Restrictions

  • Heritage Overlay controls on listed properties requiring permit for major alterations
  • Character Residential Zone restrictions on new development scale and design
  • Requirements to retain original facades, windows, and architectural details on heritage-listed terraces
  • Mandatory heritage impact assessment for demolition or substantial renovation

Nearby heritage items

Errol Street precinct (Victorian terraces and shopfronts)Local
200 m
North Melbourne Primary SchoolLocal
300 m
St George's Road heritage streetscapeLocal
400 m
Royal ParkState
500 m
250m500m750m1kmErrol Street precinct (Victorian terraces and shopfronts) — 0.2 kmNorth Melbourne Primary School — 0.3 kmSt George's Road heritage streetscape — 0.4 kmRoyal Park — 0.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Source: StMate AI — VIC heritage registers06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

North Melbourne price trend

Median sold · House 2 bed

Compound growth +1.7% / yr over 4 yrs

$1.02mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full North Melbourne market

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Price history

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