OFF MARKET

505/121 Rosslyn Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 505/121 Rosslyn St, West Melbourne

505/121 Rosslyn St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
2019
Local Government
Melbourne
Lot/Plan
505/PS747675

Last Listing description (August 2024)

The epitome of an architect's dream and a master builder's craftsmanship, 121 Rosslyn Street elevates the concept of low-maintenance living with a modern twist, creating a lifestyle that is not only unique but also highly sought-after.

The design showcases clever use of geometrics with stunning curves, square-set plastering, and a focus on clean, sleek lines and smooth finishes. Function meets form as the bespoke integrated kitchen and the impeccably tiled floor-to-ceiling bathrooms exemplify refined practicality at the core of this residence.

The accommodation includes two bedrooms with built-in robes, complemented by a master ensuite and a main bathroom accessible to guests.

Additional features that enhance this exquisite property include frameless rainfall showers, a full-width balcony accessible from the master bedroom for entertaining, a European laundry, elegant hardwood flooring, a kitchen island with an integrated dining bar, and a breathtaking rooftop terrace.

Positioned mere metres from Flagstaff Gardens, Errol Street, and the Queen Victoria Market, this home is set in a highly esteemed, blue-chip locale, offering an unmatched urban living experience.

It's currently leased for 12 months since FEB 2024, with a rental $630 per week.

Inspection by appoinment only.

Property History for 505/121 Rosslyn St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$660,000
14 Sep 2016
Listed for Rent
$560/w
15 Dec 2022
  • 05 Aug 2024
    Listed for Sale $530,000
  • 29 Jan 2024
    Listed for Rent $630 / week
  • 22 Nov 2022
    Listed for Rent $560 / 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 7,555 properties. Over the last 5 years, Houses in West Melbourne have seen a 28.71% increase in median value, while Units have seen a -4.28% decrease. As at 31 July 2024:

  • The median value for Houses in West Melbourne is $1,446,690 while the median value for Units is $517,290.
  • Houses have a median rent of $690 while Units have a median rent of $591.
There are currently 51 properties listed for sale, and 26 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 317 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.