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Sold on 26 Sep 2024 for $368,000

304/53 Batman Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 52m2
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Property Details for 304/53 Batman St, West Melbourne

304/53 Batman St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2013. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Local Government
Melbourne
Lot/Plan
304/PS703332

Last Listing description (September 2024)

* Photo has been virtual staged.

A spacious set-and-forget investment opportunity on the very edge of the city, this north-facing 2 bedroom apartment offers the promise of high returns and low maintenance. Sensationally situated on the third floor of the boutique Flagstaff Place building, head downstairs and stroll to all the attractions of the CBD, North Melbourne cafes, universities, Flagstaff Gardens greenery, Queen Victoria Market, free city trams and Flagstaff trains.

The large layout is underpinned by sunlit open-plan living and dining and a stone-topped kitchen featuring a mirrored splashback and stainless-steel appliances including a fridge, microwave, an easy-clean electric cooktop and a high-end Fisher and Paykel dish-drawer. Step outside to a sheltered balcony attracting northern sunlight and showcasing panoramic neighbourhood views towards Flagstaff Gardens greenery. A fully tiled two-way bathroom services a pair of generously sized bedrooms with built-in robes.

Saving you money with an impressive 7-star energy-efficiency rating, take advantage of split-system heating and cooling, double glazing, a Euro laundry with a combination washer/dryer, roller and slimline Venetian blinds, and recessed down-lighting. Flagstaff Place is graced with a building manager, video intercom entry and resort-inspired access to a fully equipped gym and a sunny rooftop BBQ terrace with impressive views of the stunning city skyline. Meeting and exceeding the requirements of owner-occupiers, investors will also appreciate the potential for short-stay accommodation opportunities. Inspect to be impressed!

Outgoings:
Council Rates: $216.64 per quarter approx.
Water Rates: $200.00 per quarter approx.
Owners Corporation Fees: $881.10 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 304/53 Batman St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$368,000
26 Sep 2024
Listed for Rent
$460/w
13 Sep 2022
  • 13 Sep 2024
    Sold for $368,000
  • 17 Jun 2024
    Listed for Sale Not Disclosed
  • 29 Aug 2022
    Listed for Rent $460 / 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 7,501 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.