Is there enough commuter parking at Nth Melbourne station?

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No. Definitely need to park further out.

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Commuter parking at North Melbourne Station is very limited indeed. Most of the area is permit parking for locals and quite a number of the streets have had free parking reduced to 2 hour period from 4 hour period. The parking inspectors are " hot to trot" and visit regularly.
Pardon my inquisitiveness , but why would you wish to park at North Melbourne Station. I would suggest parking further out and taking the train into town:)

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Rentals in North Melbourne, VIC 3051