OFF MARKET

54-56 Walsh Street
West Melbourne VIC 3003

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 251m2
Land area: 250m2
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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.

Building Type
House
Year Built
1880
Floor Size
251m2
Land Size
250m2
Local Government
Melbourne
Lot/Plan
1/TP134164

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.

The second level over the rear of the property comprises 3 carpeted offices and a modern bathroom. Other features include split system heating/cooling, monitored security alarm and internal first floor balcony and rear sunny deck.
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

A timeline of how this property has performed in the market
Last Sold
$1,260,000
19 Nov 2011
Listed for Rent
$943/w
04 Oct 2011
  • 19 Nov 2011
    Sold for $1,260,000
  • 24 Oct 2011
    Listed for Sale AUCTION
  • 28 Jun 2011
    Listed 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 7,567 properties. Over the last 5 years, Houses in West Melbourne have seen a 11.70% increase in median value, while Units have seen a -5.56% decrease. As at 31 August 2024:

  • The median value for Houses in West Melbourne is $1,228,041 while the median value for Units is $519,370.
  • Houses have a median rent of $693 while Units have a median rent of $592.
There are currently 54 properties listed for sale, and 28 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 323 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.