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Back 22/520 Victoria Street
Off Market

22/520 Victoria Street

North Melbourne VIC 3051

2
1
1
77 m²
Apartment
Last sold for $530,000
Gabriel MercuriGabriel Mercuri, last sold this property on 16 March 2026 after 12 days on market.

Overview

Inner City Oasis

Positioned on the top floor of a well-maintained mixed-use building, this two-bedroom apartment offers a comfortable and straightforward living environment. Secure lift access services the building, and with just nine apartments on the level, residents enjoy a relatively quiet and private setting. The building is also pet friendly. Natural light is a standout feature of the apartment. The north-facing living and dining area draws in sun throughout the day, helping the space feel bright even during the cooler months. A balcony extends from the living zone, providing a pleasant spot for fresh air or a simple place to relax outside when the weather allows. Both bedrooms are generously proportioned and fitted with built-in wardrobes, while soft carpet adds a comfortable finish underfoot. The bathroom incorporates a combined laundry for practicality. Ducted heating and cooling operate throughout the apartment, and entry to the building is managed via a video intercom system. The surrounding location adds significant appeal. Directly opposite sits the North Melbourne War Memorial, while Errol Street's popular cafes, shops and everyday conveniences are only a short walk away. Queen Victoria Market is approximately 700 metres from the building, Docklands sits around 2 kilometres away, and Melbourne Zoo is roughly 3 kilometres away. Educational and medical institutions are also close by. The apartment falls within the University High School zone and is located less than 2 kilometres from the University of Melbourne. Several major hospitals; including the Royal Melbourne, Royal Women's and Royal Children's; are all within approximately 1.5 kilometres. Public transport is readily accessible. North Melbourne Station is about an 800-metre walk, and the Route 57 tram stops nearby. The CBD lies roughly 2.5 kilometres from the building, offering convenient access to the city while maintaining the character of a lower-rise neighbourhood.

Features

2 bedrooms
1 bathroom
1 carspace
77 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in North Melbourne over the last 12 months, the estimated median property value of 22/520 Victoria Street is $630k.

Median value
$630k
Estimated value range
$375k - $1.06m
Median days on market
29
Estimated value trend
13%
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 22/520 Victoria Street

2026
Sold
$530,000
Private Sale/Treaty on 16 Mar 2026 by Gabriel Mercuri, of Nicholson Real Estate

Happy sellers in North Melbourne

72%
72% 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 17 reviews in North Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in North Melbourne

In the last 12 months, 96 two-bedroom apartments similar to 22/520 Victoria Street, have been sold.

This represents a 15% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in North Melbourne

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Charles Bongiovanni

Charles Bongiovanni is a recommended agent for North Melbourne.  They have 30 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (148 reviews)
  •  7 Reviews in North Melbourne
  •  30 Sales in North Melbourne
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Catherine Sheo

Catherine Sheo is a recommended agent for North Melbourne.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (56 reviews)
  •  4 Reviews in North Melbourne
  •  4 Sales in North Melbourne
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Richard Simpson

Richard Simpson is a recommended agent for North Melbourne.  They have 14 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (38 reviews)
  •  3 Reviews in North Melbourne
  •  14 Sales in North Melbourne
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Ally Mooney

Ally Mooney is a recommended agent for North Melbourne.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   5   (4 reviews)
  •  3 Reviews in North Melbourne
  •  5 Sales in North Melbourne
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