385 Victoria StreetWest Melbourne VIC 3003
Property Details for 385 Victoria St, West Melbourne
385 Victoria St, West Melbourne is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 231m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
Last Listing description (January 2016)
This prized property of 230sqm (approx) is sure to pique the interest of developers, builders and urban professionals with an astute eye for fantastic potential, lifestyle convenience and the bonus of clear city views.
Currently featuring a living room, dining area, two bedrooms and a courtyard, there are plans and permits in place to construct a contemporary 3-bedroom, 2-bathroom multi-level dwelling.
Envisage low-maintenance spaces incorporating a comfortable lounge, open-plan kitchen/dining room, rear timber decking & courtyard, substantial study, roof terrace, separate laundry and double garage parking via ROW laneway access, while capitalising on the great location within the coveted Uni High School zone and a short stroll to the CBD, Queen Vic Market, North Melbourne Train Station, Flagstaff Gardens and the quaint surrounds & quality coffee of Errol St Village.
Property History for 385 Victoria St, West Melbourne, VIC 3003
- 22 Jul 2015Sold for $890,000
- 24 Apr 2015Listed for Sale $920,000
- 30 Aug 2014Listed for Sale $900,000
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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 7,488 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.
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