SOLD
Sold on 27 Dec 2023 for $675,000

106/102 Stanley Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 4215m2
Sold By
Areal Property Point Cook
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Property Details for 106/102 Stanley St, West Melbourne

106/102 Stanley St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 4215m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
73m2
Land Size
4215m2
Local Government
Melbourne
Lot/Plan
106SP/PS810961

Last Listing description (July 2024)

On the edge of the city and bordering a tranquil, tree-lined neighbourhood, the precinct is transforming into a leafy residential borough, with its industrial heritage reimagined for a growing community of urban dwellers. Surrounded by a privilege of Melbourne's favourite parks and gardens, the area exudes an unmistakable village vibe. Connectivity is immediate with a tram stop at your door to transport you into the heart of the city, North Melbourne and the Docklands in mere minutes.

A graceful linear design of enclosed masonry forms and punctured articulations is enriched by organic textures, capturing the essence and history of West Melbourne as it transitions into a new era. The placemaking concept integrates tree-lined boulevards and private gardens surrounded by three architectural elements compromising modern residences. All above a base of street level cafes and retailers and secure, underground parking and bicycle bays beneath.

Design uses graceful curves to soften contemporary forms finished in lustrous metal, contrasting timber grain and honed marbled, to present richly appointed interiors with timeless appeal. Warmth and elegance permeates a material palette offered in a choice of light or dark tones across the European Oak floors, wool carpets, feature joinery and stone benchtops.

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Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 106/102 Stanley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$675,000
27 Dec 2023
Listed for Rent
$750/w
15 Feb 2023
  • 27 Dec 2023
    Sold for $675,000
  • 13 Sep 2023
    Listed for Sale $675,000
  • 09 May 2023
    Listed for Sale $700,000
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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.
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

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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.