North Melbourne at a glance
18,200
People
$1,087,500
Median sale
$660/wk
Median rent
3.16%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
VIC › North Melbourne › Munster Tce
$1,530,000
Last sold
11 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,530,000
11 Sept 2025 · derived via latest_sale
North Melbourne at a glance
18,200
People
$1,087,500
Median sale
$660/wk
Median rent
3.16%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs North Melbourne
+40.7%
Median sale
Suburb $1,087,500
-0.92 pp
Gross yield
Suburb 3.16%
Suburb median $1,087,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $660/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
North Melbourne at a glance
18,200
People
$1,087,500
Median sale
$660/wk
Median rent
3.16%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist WyndhamIt’s addressed- 100 Munster Terrace North Melbourne VIC 3051
Nestled in the heart of North Melbourne, 100/106 Munster Terrace presents a rare opportunity to secure a stylish and generously proportioned residence in a sought-after central North Melbourne location.
Within easy reach of Flagstaff Gardens and Queen Victoria Market, as well as convenient access to RMIT and the University of Melbourne, 100/106 Munster Terrace offers a lifestyle of unparalleled convenience and quality. West facing, positioned on a beautiful tree-lined street and boasting a tidy, low-maintenance front yard, this impeccably maintained home offers luxury, comfort, and convenience in equal measure.
From the moment you enter, you are welcomed by high ceilings and sleek downlights that enhance the sense of space and light throughout. A home library at the entry of ground floor offers versatility as a dedicated study or relaxation zone, while a striking premium wooden staircase leads you to the heart of the home.
Designed for both entertaining and everyday living, the expansive open-plan living and dining areas connect seamlessly to a spacious balcony via floor-to-ceiling glass doors, offering breathtaking city views. The modern kitchen is a chef’s delight, featuring a large Caesarstone benchtop, ample storage, and top-tier Miele appliances including a 900mm cooktop, oven, and rangehood.
Comfort is assured year-round with a Panasonic central heating and cooling system. The generous master bedroom is a private retreat, complete with his-and-her walk-in wardrobes and a luxe ensuite boasting a double vanity, built-in shower, and mirror splashback. Three additional well-sized bedrooms come fitted with mirrored built-in wardrobes and are serviced by a stylish central bathroom.
A spacious upstairs family theatre room provides the perfect setting for entertainment, complete with sliding glass doors that open to a large open-air balcony with sweeping views of Melbourne’s iconic skyline. Additional features include a European-style laundry, internal access to a connected apartment building, and a large study ideal for working from home, security intercom and secured parking garage.
Offering the best of modern living in a prestigious location, this exceptional home is just minutes from the CBD, public transport, top schools, cafes, and parks.
Don't let this incredible property slip through your fingers. Contact Jake Wang at 0488 889 158 or Helen Zheng at 0431 561 618 to schedule a viewing and secure this exceptional opportunity for yourself!
Our signs are everywhere… For more real estate in North Melbourne, contact your Area Specialist.
Note: Every effort has been made to ensure the accuracy of the details in this advertisement; however, accuracy cannot be guaranteed. Prospective purchasers are advised to take necessary actions to satisfy themselves of any pertinent matters
Listing description written by Jake Wang, Area Specialist Wyndham — reproduced as published, not verified by Districts.