5/45 Milton St, West Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 862m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in December 2013.
STUNNING WAREHOUSE CONVERSION
SECLUDED AND SECURE ON THE EDGE OF THE CBD, THIS SENSATIONAL SPLIT-LEVEL WAREHOUSE APARTMENT IS SITUATED IN THE ICONIC WEST MELBOURNE'S FORMER GILBY'S GIN FACTORY. THIS SPACIOUS OPEN-PLAN HOME WHERE A VAST LIVING AND DINING AREA IS FRAMED BY HIGH INDUSTRIAL CEILINGS AND HARDWOOD FLOORS OPENS THROUGH BIFOLD DOORS TO A FABULOUS ALFRESCO TERRACE PERFECT FOR ENTERTAINING ON SUMMER EVENINGS. THE FLEXIBLE LAYOUT EXTENDS TO A MEZZANINE LEVEL WITH SECOND LIVING AREA AND INCLUDES THREE BEDROOMS (TWO DOWNSTAIRS, MAIN WITH ENSUITE), STUDY, LARGE LOUNGE AREA, GOURMET GRANITE KITCHEN, SPA BATHROOM, POWDER ROOM, LAUNDRY, SPLIT SYSTEM HEATING/COOLING AND PLENTY OF STORAGE. THE APARTMENT FEATURES VIDEO INTERCOM AND LIFT ACCESS, SECURE BASEMENT CAR PARKING ALL A MINUTES WALK TO CBD, VICTORIA MARKET, FLAGSTAFF GARDENS AND ERROL STREET SHOPS. NOTE : FURNITURE NOT INCLUDED AND OUTSIDE SPA NOT TO BE USED.
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 7,572 properties. Over the last 5 years, Houses in West Melbourne have seen a -10.44% decrease in median value, while Units have seen a -13.57% decrease. As at 31 December 2024:
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