Back 302/6 High Street
Off Market

302/6 High Street

North Melbourne VIC 3051

1
1
Apartment

Overview

High-Yield Student Apartment in Prime North Melbourne Location

The Phone Code for this property is: 50676. Please quote this number when phoning or texting. Delivering an impressive 11% gross rental yield, this fully managed student investment apartment offers a true set-and-forget income opportunity. Currently rented at $1,495 per month, this property combines strong returns with peace of mind, thanks to expert management by Student Housing Australia (SHA) - one of Australia's leading student accommodation providers. Located in the heart of North Melbourne, just a short walk to Melbourne University, SHA on High St provides students with unbeatable convenience and lifestyle benefits. With trams at your doorstep, a short walk to the new Parkville train station, and the CBD just minutes away, this location ensures excellent connectivity and year-round rental demand. The apartment comes fully furnished and features: - Modern kitchenette with gas cooking, microwave, and ample storage - LCD TV, study desk and chair, and secure electronic access - Access to shared common areas and on-site laundry facilities Outgoings: - Council Rates: approx. $520 p.a. - Owners Corporation Fees: approx. $2,480 p.a. SHA's professional on-site management guarantees consistent occupancy, professional tenant care, and maximised returns - ideal for investors seeking low-maintenance property ownership in a high-demand student area. Don't miss this rare opportunity to secure a high-yield student investment in one of Melbourne's most sought-after education hubs. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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 302/6 High Street is $370k.

Median value
$370k
Estimated value range
$132k - $638k
Median days on market
34
Estimated value trend
5%
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 302/6 High Street

2026
Sold
Undisclosed
Private Sale/Treaty on 02 Mar 2026

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 1 bedroom apartments in North Melbourne

In the last 12 months, 73 one-bedroom apartments similar to 302/6 High Street, have been sold.

This represents a 27% increase in one-bedroom apartments sales when compared to the previous 12 months.

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