OFF MARKET

507/94 Stanley Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 4215m2
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Property Details for 507/94 Stanley St, West Melbourne

507/94 Stanley St, West Melbourne is a 1 bedroom, 1 bathroom Unit. The property has a land size of 4215m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Land Size
4215m2
Local Government
Melbourne
Lot/Plan
507ST/PS810961

Last Listing description (August 2023)

Located in West Melbourne, The Marker is a brand new complex and is surrounded by Melbourne?s fantastic cafe culture, great night life and is within walking distance to public transport, making traveling into work or university a breeze.
This apartment features a functional floorplan and stunning finishes throughout, and is composed of a bedroom with build in robes, open plan kitchen/ living room with stone bench tops and top of the line appliances that opens up to a generous sized balcony overlooking the communal gardens.

Features include:

- Open plan living/dining area
- Stainless steel Miele appliances
- Floorboards in open plan living
- Brand new carpet in bedroom
- Study nook
- European style laundry
- Natural light throughout

The Marker provides residents with communal facilities such as gardens and BBQ area with seating, a residents lounge including kitchenette and bar, and a meeting room with conference facility.

*Photographs & Video on this advertisement may shows difference from the current conditions, views, and furniture (if applicable). Inspection is recommended*

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Property History for 507/94 Stanley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$555,000
20 Mar 2023
Listed for Rent
$530/w
07 Aug 2023
  • 07 Aug 2023
    Listed for Rent $530 / week
  • 20 Mar 2023
    Sold for $555,000

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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 7,565 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 54 properties listed for sale, and 26 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 324 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.