1203/392 Spencer Street

West Melbourne VIC 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 7,784 properties. Over the last 5 years, Houses in West Melbourne have seen a -21.72% decrease in median value, while Units have seen a -14.22% decrease. As at 28 February 2025:

• The median value for Houses in West Melbourne is $1,165,369 while the median value for Units is $488,820.
• Houses have a median rent of $650 while Units have a median rent of $600.