585 King StreetWest Melbourne VIC 3003
Property Details for 585 King St, West Melbourne
585 King St, West Melbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 139m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
This commanding and historically significant double storey terrace is located on the edge of the city.
A desirable lifestyle opportunity awaits. Moments from the action, this grand terrace home, is a short stroll to the Flagstaff Gardens, Errol Street's vibrant cafes and restaurants, Queen Victoria Market and so much more.
Beyond the stunning solid brick faade, a number of period features throughout, including soaring 11 ft ceilings, tessellated tiling, original timber floors, and iron lacing.
Accommodation via 3 large bedrooms each with its own fireplace, two upstairs and one downstairs. The fabulous home has been thoughtfully modernised at the back with a contemporary open plan kitchen/living/dining area with modern appliances and marble floor tiling which flow on out to your rear paved courtyard, the wide allotment provides easy car access through the rear laneway a substantial benefit of any buyer seeking a city fringe home.
Added benefits of the home include hydronic heating and a modern bathroom and adjoining laundry. Located within the Uni High zone this classic Victorian terrace is the perfect opportunity to "nest" or invest.
Property History for 585 King St, West Melbourne, VIC 3003
- 12 Nov 2022Sold for $1,410,000
- 20 Oct 2022Listed for Sale Sold $1,410,000
- 11 Mar 2015Listed for Rent $730 / week
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0About 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.
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