Back 201/6 High St
Off Market

201/6 High St

North Melbourne VIC 3051

1
1
Apartment
Last sold for $137,500
Nick RichardsNick Richards, last sold this property on 23 January 2017 after 61 days on market.

Overview

9.57% return on your investment

Presenting a rare investment opportunity, with a staggering 9.57% return this modern lifestyle apartment maximizes natural light and living space with quality inclusions and an inner city urban outlook. Priced to sell this securely leased property is perfect for savvy investors looking for a long term stable income stream. The well-integrated living/dining and bedroom area is openly connected to a defined stone kitchen with stainless steel gas appliances. Coming fully furnished and ready to move into the light filled interior extends onto a covered balcony, perfect for relaxing and soaking up the vibrant city backdrop. Additional highlights include a tastefully styled monochrome bathroom, shared laundry facilities and a neutral colour scheme throughout. This impressive apartment provides an ideal entry-level opportunity attracting high rental returns. It embraces a walk-to-everywhere location within a stroll of the city’s major shopping destinations, university, RMIT, Queen Victoria Market, Docklands and many transport options, including North Melbourne Station. Current return of $1108 per calendar month ($255 p/w) on a 12 month lease.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in North Melbourne over the last 12 months, the estimated median property value of 201/6 High St is $370k.

Median value
$370k
Estimated value range
$132k - $641k
Median days on market
31
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 201/6 High St

2024
Rented
Undisclosed
Leased on 22 Dec 2024 by Precinct Real Estate
2017
Sold
$137,500
23 Jan 2017 by Nick Richards

Happy sellers in North Melbourne

77%
77% of sellers in North Melbourne reported that their sale price either exceeded or met their price expectations.

North Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in North Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in North Melbourne

In the last 12 months, 79 one-bedroom apartments similar to 201/6 High St, have been sold.

This represents a 16% increase in one-bedroom apartments sales when compared to the previous 12 months.

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