North Melbourne - the suburb


North Melbourne offers easy access to all modes of public transport, boasting countless ways to get around with multiple rails, bus and tram lines connecting it to the CBD and outer northern suburbs.

North Melbourne is only now being uncovered for the liveable gem it is. Every street is steeped with treasured remnants of its industrial and commercial history, from converted warehouses to Victorian era terraces. It’s not stuck in the past - many of Melbourne’s namechecked cafes, restaurants, wine bars and boutiques have a home here too.

Good living extends beyond the stomach as well with a recreation centre including a pool, just over a five-minute walk away, and multiple parks and schools dotting the area. North Melbourne is an inner city suburb conveniently offering easy access to all modes of public transport.

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North Melbourne's vantage point

Located just 2.5km from the CBD, Arden Gardens is located in one of Melbourne's most connected suburbs.

Walking distance to nearest station
MACAULAY TRAIN STATION 4 mins 350 meters Upfield
CANNING STREET TRAM STATION 7 mins 550 meters #57
FLEMINGTON ROAD TRAM STATION 11 mins 850 meters #55, #59
BUS STOP ON SITE #402

Arden Precinct vision & framework

168 MACAULAY ROAD, NORTH MELBOURNE

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A snapshot of North Melbourne

The lifestyle of a suburb is often influenced by who lives there. Once a working class suburb, North Melbourne is now a snappy, stylish strip with pretty terrace houses, award-winning cafés and a happening arts scene.

LIFESTAGE
Young Professional 44.1%
Maturing & Established Independence 17.3%
Older Independence 10.1%
AVERAGE HOUSEHOLD AGE

25 - 29 YEARS

30 - 34 YEARS

35 - 39 YEARS

40 - 44 YEARS

Unit demand metrics by bedrooom1,2
Investment Property data for 1 bed units
Rental Yield Median Rent Rental Demand Median Price Annual Growth
4.9% $350/wk Average $371k 2.7%
Investment Property data for 2 bed units
Rental Yield Median Rent Rental Demand Median Price Annual Growth
4.5% $475/wk Average $553k 2.8%
Investment Property data for 3 bed units
Rental Yield Median Rent Rental Demand Median Price Annual Growth
4.4% $654/wk High $764k 0.9%

SOURCE: [1] RP DATA. MAY 2015 – MAY 2016. [2] REALESTATE.COM.AU WEBSITE DATA. JUNE 2015 – JUNE 2016.

Explore Arden Gardens

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Finishes: Raw
Raw has slightly more rustic tones, with a mid-century feel by introducing timber into the colour scheme, while holding on to the uncluttered and clean feeling.
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Apartments
Apartments on offer span from single to four bedrooms, all significantly spacious and most with two balconies. The balcony doors include double sliding doors to open up an indoor/outdoor living environment.

2 Bedroom Apartments $640,000 to $898,000

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