OFF MARKET

507/112 Ireland Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
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Last updated 11 Nov 2024
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Property Details for 507/112 Ireland St, West Melbourne

507/112 Ireland St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a floor size of 52m2.

Building Type
Unit
Year Built
2016
Floor Size
52m2
Local Government
Melbourne
Lot/Plan
42/PS724047

Last Listing description (February 2023)

***FURNISHED***
Ideally located a hop, skip and a train stop from the CBD, this fantastic development- Hotham Apartments- in trendy West Melbourne will knock your socks off. Bounded by three street frontages 'Hotham's' bold design and striking facade capitalise upon it's unique corner location. Take a short stroll to the shopping hub of Errol Street or the Queen Victoria Market, or catch the train one stop right into the CBD!

This top-floor apartment offers innovative design features paired with the finest quality materials. Attention to detail and superb architectural quality feature throughout. This modern abode comprises a great-sized bedroom with mirrored BIRs and city views! Timber floorboards throughout the large open-plan living and dining area makes the apartment feel fresh and light. The highly-functional kitchen boasts polished bench-tops, dishwasher and loads of storage, and the whole apartment is topped off by a large North-West facing balcony with unbeatable views!

Additional features include modern bathroom with laundry facilities, security intercom, secure lobby entrance, and split-system heating and cooling. Book an inspection fast to secure a spot in this stunning development!

Property History for 507/112 Ireland St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$450/w
01 Feb 2023
  • 27 Jan 2023
    Listed for Rent $450 / week
  • 03 Nov 2021
    Listed for Rent $350 / week
  • 10 Sep 2020
    Listed for Rent $350 / 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 7,489 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:

  • 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.
There are currently 57 properties listed for sale, and 45 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 292 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.