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Back 5/398 Queensberry Street
Off Market

5/398 Queensberry Street

North Melbourne VIC 3051

2
1
1
109 m²
Townhouse
Last sold for $1,050,000
Elli BlancoElli Blanco, last sold this property on 13 August 2025 after 21 days on market.

Overview

Historic Charm Meets Inner-City Living

Originally built in the late 1800s as part of a grand hall complex, this beautifully converted residence blends heritage character with modern convenience in one of North Melbourne's most vibrant pockets. Step inside Unit 5 and be instantly captivated by the soaring high ceilings, skylights, and an abundance of natural light that floods the open plan living and dining area. The well appointed kitchen features quality finishes, perfect for effortless entertaining or quiet nights in. Offering two spacious bedrooms both with built-in robes , a central bathroom, storage and a tranquil and private courtyard that leads to a secure off-street parking, this home ticks all the boxes for stylish inner city living. Positioned just moments from Errol Street cafés, Queen Victoria Market, Melbourne Uni, and public transport, this residence is the perfect mix of location, lifestyle, and timeless appeal.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
109 m² floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in North Melbourne over the last 12 months, the estimated median property value of 5/398 Queensberry Street is $938.75k.

Median value
$938.75k
Estimated value range
$720k - $1.36m
Median days on market
26
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 5/398 Queensberry Street

2025
Sold
$1,050,000
13 Aug 2025 by Elli Blanco, of Ray White CRE

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 townhouses in North Melbourne

In the last 12 months, 19 two-bedroom townhouses similar to 5/398 Queensberry Street, have been sold.

This represents a 20% increase in two-bedroom townhouses 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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