About this property
Also written as Unit 171, 159 Melrose Street.
North Melbourne VIC 3051, Australia
Also written as Unit 171, 159 Melrose Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
It is a unit situated on a sizable parcel of land
The land area measures approximately 2,473 m²
North Melbourne lies about 3 km (roughly 1.9 mi) north‑west of the CBD
Tram stops such as Melrose St/Flemington Rd (0.2 km) and Boundary Rd/Racecourse Rd (0.3 km) are nearby, and Flemington Bridge railway station is about 0.4 km away, with Macaulay station about 0.6 km distant
Borsari’s Corner is just 0.1 km away, while the Ukrainian Catholic Cathedral and St Peter and Paul Cathedral are each roughly 0.6 km from the unit
The suburb has a young, multicultural community, with a median age of 28 years and a median weekly household income of $1,236, reflecting a diverse population from many countries
Known for its Victorian architecture, the suburb originated in the 1840s, was once called Hotham, and retains heritage sites such as the North Melbourne Town Hall and the former Metropolitan Meat Market
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