OFF MARKET

201/5 Stawell Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 855m2
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Last updated 11 Nov 2024
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Property Details for 201/5 Stawell St, West Melbourne

201/5 Stawell St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1888. The property has a land size of 855m2 and floor size of 56m2.

Building Type
Unit
Year Built
1888
Floor Size
56m2
Land Size
855m2
Local Government
Melbourne
Lot/Plan
16/PS713027

Last Listing description (July 2024)

With North Melbourne Train Station and Woolworths across the road, vibrant Errol Street and the CBD within walking distance, this well presented, modern unit is ideal for someone looking to live in a quiet yet lively location! Be the lucky applicant to live in this beautifully redeveloped building located in the historical Railway Hotel.

Sleek finishes along with the charm and character of the original hotel make this two bedroom property truly unique to the area of West Melbourne. Comprising a modern kitchen with mirrored splash back, Bosch appliances including integrated dishwasher and electric cooktop. Two large carpeted bedrooms boast tonnes of robe space fit for a king or queen bed add to this property's charm.

Enjoy the sun drenched open plan living/dining area with stunning timber floorboards and pitched ceilings. A sparkling bathroom with walk-in shower and space for a washing machine completes this perfect package.

Added extras include security access, intercom, split-system heating/AC, stair access only- inspect now.

Property History for 201/5 Stawell St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$580/w
17 May 2024
  • 17 May 2024
    Listed for Rent $600 / week
  • 23 Jan 2023
    Listed for Rent $368 / week
  • 03 Dec 2021
    Listed for Rent $340 / 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 7,492 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.