250 Adderley St, West Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 124m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
Excellent location and in need of a little TLC
Located a hop, skip and a jump away from North Melbourne Train Station, this home is right on the CBD's doorstep! The location could not get any better with public transport and Errol Street a short stroll away. It Is well positioned to Flagstaff Gardens, Queen Victoria Market & Docklands.
This un-renovated free-standing, single front home would suit first home buyers and presents a great opportunity for keen investors and developers.
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 7,489 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:
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