OFF MARKET

8/5 Anderson Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
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Property Details for 8/5 Anderson St, West Melbourne

8/5 Anderson St, West Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1910. The property has a floor size of 73m2.

Building Type
Unit
Year Built
1910
Floor Size
73m2
Local Government
Melbourne
Lot/Plan
10/PS447559

Last Listing description (April 2024)

Three levels of spacious living with plenty of natural light and city views. Well located on the edge of Melbourne's CBD and adjacent to North Melbourne's railway stations.

Accommodation Comprises:
Level 1: Courtyard, terrace entry, large open plan living area, modern kitchen and large laundry/storage room.

Level 2: Master bedroom with ensuite, open study area and main bathroom, 2nd bedroom
Level 3: Studio suite home office or guest bedroom with separate balcony

Apartment offers timber polished floorboards, reverse-cycle air-conditioning, security intercom system and 1 secure underground carpark.

Property History for 8/5 Anderson St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$570/w
22 Apr 2022
  • 25 Jan 2022
    Listed for Rent $570 / 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 7,574 properties. Over the last 5 years, Houses in West Melbourne have seen a -10.44% decrease in median value, while Units have seen a -13.57% decrease. As at 31 December 2024:

  • The median value for Houses in West Melbourne is $1,207,093 while the median value for Units is $491,150.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 42 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 308 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.