1/123-125 Stanley StreetWest Melbourne VIC 3003
Property Details for 1/123-125 Stanley St, West Melbourne
1/123-125 Stanley St, West Melbourne is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2008. The property has a land size of 76m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Townhouse sold in West Melbourne in the last 12 months.
Last Listing description (October 2024)
Benefitting from direct street access, this sensational 3 level townhouse is an excellent opportunity to enter the sought after West Melbourne market.
The generous floorplan offers three bedrooms including a generous main bedroom (with ensuite) and a superb central bathroom. Flooded with natural light, the top floor living area is perfectly proportioned and easily flows out to a private sunny terrace. Ready to move in and enjoy whilst enhanced by a private garage with capacity for up to 2 cars (internal car stacker).
Walking distance from Queen Victoria Market, Flagstaff Gardens, Docklands, and the CBD as well as easy access to hospital/university precincts. It is also close to popular schools (zoned to University HS and North Melbourne Primary) and selection of transport options including nearby North Melbourne Station.
Property History for 1/123-125 Stanley St, West Melbourne, VIC 3003
- 10 Oct 2024Sold for $1,125,000
- 27 Sep 2024Listed for Sale Undisclosed
- 23 Feb 2015Sold for $852,000
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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 7,492 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.86% decrease in median value, while Units have seen a -13.07% decrease. As at 31 October 2024:
- The median value for Houses in West Melbourne is $1,222,199 while the median value for Units is $498,499.
- Houses have a median rent of $660 while Units have a median rent of $600.
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