OFF MARKET

14/1 Flagstaff Lane
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 141m2
Land area: 270m2
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Property Details for 14/1 Flagstaff Lane, West Melbourne

14/1 Flagstaff Lane, West Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 1957. The property has a land size of 270m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
1957
Floor Size
141m2
Land Size
270m2
Local Government
Melbourne
Lot/Plan
14/PS406335

Last Listing description (May 2019)

EXPRESSIONS OF INTEREST - CLOSING FRIDAY 31 MAY, 2019 UNLESS SOLD PRIOR.
On the CBD fringe with a tranquil park-side location, this grand-scale residence, within the old Western Star Butter Factory, is an elegant inner-city sanctuary with all modern comforts. Abundant natural light and views over St James Old Cathedral to Flagstaff Gardens and the Melbourne CBD, this exceptional property is within easy walking distance of the CBD, Queen Victoria Market, Errol Street cafes, trams, trains and with easy access to City Link and the airport. Crowned by an expansive entertainers rooftop terrace with stunning CBD views, the versatile floor plan incorporates a strikingly high-ceilinged living/dining area flowing onto a full-width entertaining deck; a spectacular gourmet kitchen with Miele appliances, quartz stone bench tops and breakfast bar; a king-sized master bedroom; a large additional bedroom; a generous home office/third bedroom; two superbly fitted bathrooms (Rogerseller and Geberit fittings) and a separate laundry, adjacent to the rooftop terrace, with built-in bar fridge and freezer. Including a private, undercover, two-car garage, a third parking space, under-house storage, polished timber floors, custom cabinetry with excellent storage throughout, hydronic heating, split-system air conditioning, video intercom, alarm system and ducted vacuum. Within the University High School zone, neighbouring the Haileybury City Campus and close to the Hospital & Biomedical precinct, Universities and Law Courts. With everything at your fingertips, this is inner-city living at its best!

Property History for 14/1 Flagstaff Lane, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,525,000
26 Apr 2019
  • 26 Apr 2019
    Sold for $1,525,000
  • 14 Feb 2019
    Listed for Sale Expressions of Interest
  • 03 Jun 2008
    Sold for $1,275,000
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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 7,501 properties. Over the last 5 years, Houses in West Melbourne have seen a 4.73% increase in median value, while Units have seen a -7.21% decrease. As at 30 September 2024:

  • The median value for Houses in West Melbourne is $1,191,558 while the median value for Units is $515,858.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 34 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.