54-56 Walsh StreetWest Melbourne VIC 3003
Property Details for 54-56 Walsh St, West Melbourne
54-56 Walsh St, West Melbourne is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1880. The property has a land size of 250m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in November 2011.
Last Listing description (November 2011)
City Fringe Office of the Finest Quality
This magnificently appointed former house of 225 sqm in area (approx.) has been cleverly renovated to operate as a fully self-contained modern office. The property is located close to King Street and only a short walk to the CBD, Flagstaff Gardens, Melbourne's Legal Precinct, Victoria Market and all the facilities of Errol Street in North Melbourne.
The property is deceptively spacious with a front boardroom, 2 further ground floor offices and a very large carpeted open plan work area with fully functioning kitchen. Boasting an abundance of natural light & ample storage and the office is fully networked for computer and telephone services.
Zoned Mixed Use, this property is ideal for any small business, investor or persons seeking a home office in a premier city fringe location.
Property History for 54-56 Walsh St, West Melbourne, VIC 3003
- 19 Nov 2011Sold for $1,260,000
- 24 Oct 2011Listed for Sale AUCTION
- 28 Jun 2011Listed for Rent $49,200 / year
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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 7,488 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.
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