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 › Macaulay Rd
For sale
For sale
4
Bedrooms
3
Bathrooms
6
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
Asking
No recorded sale price for this property yet.
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.
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 Fornieri & AzarCrowning Arden Gardens in the thriving Arden precinct, this residence is one of the address's true jewels. Stretching across approximately 300 sqm atop one of the precinct's most tasteful builds, it offers space and privacy on the scale of a substantial house, elevated above everything.
The four-bedroom, 3.5 bathroom home basks in abundant natural light from uninterrupted panoramic views, with four balconies inviting you to enjoy the outlook from every angle.
The kitchen exudes luxury: restaurant-quality Bosch ovens, an induction cooktop, integrated Miele refrigeration, a Billi tap and bespoke cabinetry complement the stylish stone counters. Behind it, a butler's pantry with gas cooktop, extra refrigeration and generous storage keeps serious cooking effortless and the main kitchen composed when guests arrive.
A double-sided inbuilt gas fireplace anchors the open-plan living zone. A large airy office commands enviable city skyline views. The spacious dining zone and built-in bar set the stage for parties and celebrations.
The main bedroom suite features a walk-in dressing room, mirrored robes and an ensuite with freestanding bathtub and large double shower. A second elegant ensuite, a further full bathroom and a guest powder room complete the accommodation.
The position delivers on every practical front. The newly constructed Arden Station and Macaulay Station are close at hand, with a mainline bus route at the doorstep. Melbourne's major hospitals, prestigious schools and universities sit nearby, and the heart of the CBD is a short trip away. Direct lift access connects the building to Woolworths and local shopping below.
Parking is exceptional: a five-car garage behind a secure automatic roller gate, a powered lock-up storage unit, and a guest car park on title with an over-car storage cage. Residents also enjoy a gym, communal entertaining and BBQ area, and private cinema facilities.
Book an inspection to experience this rare residence for yourself.
Listing description written by Luke Fornieri, Fornieri & Azar — reproduced as published, not verified by Districts.
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