OFF MARKET

242 Adderley Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 153m2
Land area: 134m2
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Property Details for 242 Adderley St, West Melbourne

242 Adderley St, West Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 134m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
House
Year Built
1920
Floor Size
153m2
Land Size
134m2
Local Government
Melbourne
Lot/Plan
6/PS423699

Last Listing description (May 2014)

Red Brick Warehouse Conversion
This architecturally designed and renovated home offers a unique opportunity for city living as well as a spacious residence. The vast upstairs living area, incorporating a sitting room, dining room and European kitchen with large granite bench top is filled with an abundance of natural light through large windows and soaring ceilings. The space harmoniously incorporates a generously sized terrace with slate water feature, ideal for effortless entertaining. Honey-timber floorboards dominate the main living zones upstairs The ground floor comprises three bedrooms with options for a study.
The tasteful master bedroom with ample built-in cupboards and a light and airy en suite with walk-in-shower opens out on to a private courtyard. The other well portioned bedroom and study also have built-in robes. A large laundry and plenty of storage underneath the stairs as well as an outdoor storage cupboard means that large items need never get in the way. The downstairs courtyard can be enjoyed as extra outdoor space or a carport that is accessed through automatic-secure gates and then an automatic roller door. The house is equipped with excellent heating and cooling systems as well as a water system for the terrace and courtyard garden. . The property is within walking distance of The Victorian Market, North Melbourne and Southern Cross train stations, Ethiad Stadium, The University of Melbourne, Royal Park and Melbourne's major city hospitals. A 10-minute stroll away is the eclectic Errol Street with many bustling cafes and restaurants. The house is in the catchment area for the highly regarded University High School.

Property History for 242 Adderley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,225,000
24 May 2014
  • 24 May 2014
    Sold for $1,225,000
  • 22 Apr 2014
    Listed for Sale $1,040,000 PLUS
  • 09 Nov 1998
    Sold for $200,000

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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.