SOLD
Sold on 23 Apr 2024 for $365,000

509/118 Dudley Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 2809m2
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Property Details for 509/118 Dudley St, West Melbourne

509/118 Dudley St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 2809m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
52m2
Land Size
2809m2
Local Government
Melbourne
Lot/Plan
509/PS518400

Last Listing description (November 2022)

One bedroom apartment with gretat views on the 5th floor of Market Square Condos Only a short walk to the Queen Victoria Market, Flagstaff Station, Flagstaff Gardens and the CBD, you won't want to live anywhere else.

Accommodation: Comprises large open plan living and dining area leading to your own private balcony, modern kitchen with ample cupboard space, good sized bedroom with built in wardrobe and central bathroom and laundry with dryer. Features: Further benefits from one secure car space, secure entry and use of recreational facilities including large communal terrace area with BBQ, and a fully equipped gymnasium.

Property History for 509/118 Dudley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$365,000
23 Apr 2024
Listed for Rent
$420/w
28 Nov 2022
  • 23 Apr 2024
    Sold for $365,000
  • 04 Nov 2022
    Listed for Rent $420 / week
  • 08 Apr 2021
    Listed for Rent $310 / 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 7,490 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 55 properties listed for sale, and 40 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 301 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.