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Sold on 24 Aug 2024 for $555,000

13/43-51 Jeffcott Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 2016m2
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Property Details for 13/43-51 Jeffcott St, West Melbourne

13/43-51 Jeffcott St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 2016m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
81m2
Land Size
2016m2
Local Government
Melbourne
Lot/Plan
13/PS335209

Last Listing description (August 2024)

Set in a brilliant spot thats mere metres from the expansive green spaces of Flagstaff Gardens, this two bedroom residence features dual courtyard areas at front and rear, offering excellent outdoor spaces and a true sense of seclusion in an impeccable city location.

Presenting impressive potential for upgrade and perennial appeal for tenants, this sure investment is blessed with a distinctive air and delivers a lifestyle of unrivalled convenience.

The central living/dining space opens onto a Mediterranean style front courtyard, and moves through to a kitchen hosting premium appliances and a wraparound bench with breakfast bar. Each of the BIR bedrooms flanks the bright central bathroom/laundry, with the primary bedroom opening onto a private rear courtyard thats perfect for relaxing. Further features include split-system heating/cooling and secure garage car space.

The incredible location is just steps from Flagstaff Gardens, Queen Victoria Market, Spencer Street and Flagstaff train stations, Marvel Stadium, Docklands, Melbourne Central, Emporium, Chinatown, and all the incredible retail and culinary highlights of the CBD.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 13/43-51 Jeffcott St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$555,000
24 Aug 2024
Listed for Rent
$620/w
15 Dec 2023
  • 24 Aug 2024
    Sold for $555,000
  • 01 Aug 2024
    Listed for Sale $550,000-$600,000
  • 10 Nov 2023
    Listed for Rent $620 / week
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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 7,555 properties. Over the last 5 years, Houses in West Melbourne have seen a 28.71% increase in median value, while Units have seen a -4.28% decrease. As at 31 July 2024:

  • The median value for Houses in West Melbourne is $1,446,690 while the median value for Units is $517,290.
  • Houses have a median rent of $690 while Units have a median rent of $591.
There are currently 51 properties listed for sale, and 26 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Madison Knox
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Sam Abboud
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Woodards Ascot Vale
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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.