26 Lothian Street, North Melbourne VIC 3051

Single-fronted Victorian terrace | 77sqm internal on 132sqm land | Light-filled bedrooms | Central bathroom | Electric heating | Compact inner-city holding This is a tightly held single-fronted Victorian terrace, typical of North Melbourne’s heritage stock, where the combination of a 77sqm internal footprint and a 132sqm landholding is considered compact but desirable for those seeking character housing within walking distance of the city. The elevated position and light-filled bedrooms are genuine strengths for a property of this era, and the single car space is a practical advantage in this inner-urban setting. It serves best an owner-occupier—likely a professional, downsizer, or couple—who values heritage streetscape, walkable amenity, and a low-maintenance footprint over expansive space or modern finishes. The 2021 sale price of $1.4m may have set a high watermark, and later marketing in the mid-$1.2m range suggests the market may have softened or that vendor expectations have adjusted. The small internal area and land size relative to detached housing could limit appeal for families or those seeking outdoor space, and the electric heating may be less efficient than gas alternatives. A buyer should weigh whether the heritage character and location justify the price, or whether a softer market presents an opportunity to negotiate below the prior peak.