SOLD
Sold on 15 Jun 2024 for $876,000

1/49-59 Stanley Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 109m2
Land area: 1695m2
Sold By
Belle Property Carlton & Melbourne
Save

Property Details for 1/49-59 Stanley St, West Melbourne

1/49-59 Stanley St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 1695m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
109m2
Land Size
1695m2
Local Government
Melbourne
Lot/Plan
1/SP33397

Last Listing description (July 2024)

Elegant, elevated, and endlessly enticing, this magnificently positioned, warehouse-style residence provides a sun-soaked lifestyle sanctuary among the verve and vibrancy of Melbourne's prized inner-fringe.

Measuring in excess of 100sqm, an exquisite interior offers an air of architectural distinction, with an abundance of glass attracting all-day rays to an intelligently worked plan. Lined with built-in robes, two large bedrooms are complemented by a stylish and substantial bathroom/laundry, while an inviting hallway opens to reveal a simply remarkable entertainer's domain. A focal, raked ceiling gifts depth, dimension, and room for clever clerestory windows, with considerable living, dining, and kitchen areas spilling into a scenic terrace with skyscraper vistas. Awash with all-day rays and enjoying an ambiance reminiscent of the finest factory conversions, highlights include reverse-cycle heating/cooling, a wraparound patio, and eligibility for multiple parking permits.

Quietly set back as one of only six in its tightly held complex, it's metres from trains and trams, Errol Street restaurants and nightlife, the iconic Queen Victoria Market, and picturesque Flagstaff Gardens, while the coffee, shopping, dining, arts, and afterhours scenes of Melbourne's CBD sit moments away.

Property History for 1/49-59 Stanley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$876,000
15 Jun 2024
Listed for Rent
$235/w
31 Jul 1993
  • 15 Jun 2024
    Sold for $876,000
  • 14 May 2024
    Listed for Sale Not Disclosed
  • 13 Apr 2019
    Sold for $730,500
Sign in to see more transactions

Commute Calculator

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 7,494 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.
There are currently 57 properties listed for sale, and 43 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

Market Insights
West Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
West Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.