North Melbourne VIC 3051, Australia
Key points for 5/398 Queensberry Street.
Also written as Unit 5, 398 Queensberry 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.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 9 Aug 2025 | $1,050,000 | — |
| Sale | 11 Jan 1993 | $179,000 | — |
It is a unit comprising two bedrooms, situated on a land parcel of 838 m²
North Melbourne lies approximately 3 km (about 2 miles) north‑west of the Melbourne CBD
The unit is within walking distance of the Queensberry St/Peel St tram stop (served by routes 57, 58 and 59) and the suburb is also served by Flemington Bridge and Macaulay railway stations on the Upfield line
Within 0.2–0.3 km you’ll find the Metropolitan Meat Market, several hostels (Melbourne Metro YHA, CarricHouse), the City Edge North Melbourne Apartment Hotel, and St Mary’s Church of England
North Melbourne is noted for its Victorian architecture, a cosmopolitan and predominantly middle‑class community, and a blend of commercial, residential and historic industrial spaces
About 65 % of private dwellings are flats, units or apartments, with the remainder being terrace houses, townhouses and a small proportion of separate houses
Queensberry Street is close to Flemington Road, Victoria Street and Peel Street, providing easy vehicle access to the wider city
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