OFF MARKET

57 Capel Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 118m2
Land area: 90m2
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Last updated 14 Oct 2024
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Property Details for 57 Capel St, West Melbourne

57 Capel St, West Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 90m2 and floor size of 118m2.

Building Type
House
Floor Size
118m2
Land Size
90m2
Local Government
Melbourne

Last Listing description (March 2024)

This cottage seamlessly blends period charm with contemporary comfort. Recently renovated, this property features two bedrooms, a separate lounge room, and a bathroom with laundry facilities. The light-filled kitchen is equipped with gas appliances and cabinetry, boasting a glass door that opens onto a small backyard. Additionally, there is a storage shed providing ample space for bicycles.

Nestled in a prime location, this property offers convenient access to public transport. A plethora of amenities are also within reach, including the renowned Queen Victoria Market, Flagstaff Gardens, Melbourne University, and the Royal Children's and Royal Melbourne Hospitals. Moreover, its proximity to the CBD makes it an ideal choice for for urban living, combining convenience and lifestyle seamlessly.

Property History for 57 Capel St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$600/w
13 Mar 2024
  • 12 Mar 2024
    Listed for Rent $600 / 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 7,505 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 55 properties listed for sale, and 33 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 315 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.