FOR RENT
$550 per week

1/4 Anderson Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Available From
Monday 18 November 2024| Bond $2,390
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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NRAS SCHEME APPLICANTS ONLY

Be the lucky applicant to live in this beautifully redeveloped building located in the historical Railway Hotel. Sleek finishes along with the charm and character of the original hotel make this two bedroom property truly unique to the area of West Melbourne.
Comprising a modern kitchen with stainless steel appliances and modern finishes, generous living and dining area with gorgeous timber floorboards and high ceilings, carpeted separate bedrooms with heaps of robe space fit for a king or queen plus contemporary bathrooms and laundry facilities add to this property's charm.
Residents will also enjoy split-system heating and cooling, dishwasher, intercom, storage cage and secure and own entry. With North Melbourne Train Station across the road, and Errol Street and the CBD within walking distance, this place is ideal!
Need to be Net Rental Affordability Scheme (NRAS) eligible tenants. NRAS provides affordable rental for eligible tenants whose total 2021-22 household income does not exceed the income eligibility for various household compositions set out below.
2021-22 NRAS Year
Household composition
Initial income limit Existing tenant income limit*
One adult $52,795 $65,994
Two adults $72,993 $91,242
Three adults $93,191 $116,489
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Property Details for 1/4 Anderson St, West Melbourne

1/4 Anderson St, West Melbourne is a 2 bedroom, 2 bathroom Apartment. The place is currently for rent with Donazzan Boutique Property.

Building Type
Apartment

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About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2011 was 3,743 people. By 2016 the population was 5,511 showing a population growth of 47.2% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation. In 2011, 38.9% of the homes in West Melbourne were owner-occupied compared with 34.5% in 2016.

West Melbourne has 7,568 properties. Over the last 5 years, Houses in West Melbourne have seen a -9.58% decrease in median value, while Units have seen a -15.06% decrease. As at 30 November 2024:

  • The median value for Houses in West Melbourne is $1,134,300 while the median value for Units is $489,911.
  • Houses have a median rent of $660 while Units have a median rent of $600.
There are currently 50 properties listed for sale, and 29 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Contact agent
Chelsea Menjivar
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Kim Davey
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Donazzan Boutique Property
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.