1/39-47 Peel Street, West Melbourne, VIC 3003 | Apartment for rent | OnTheHouse
 
FOR RENT
$750 per week

1/39-47 Peel Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Available From
Wednesday 14 January 2026
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Modern Apartment Living in West Melbourne

Located right opposite QV Market with public transport at your doorstep, this freshly painted apartment appeal a unique opportunity to make this urban cool residence in the heart of vibrant West Melbourne your own.
Positioned in this tightly held complex of only 9 apartments and with a vibe of community and soul that is rarely found in CBD fringe living. The outlook is electrifying with market street appeal combined with absolute stunning city views. Short walk to Melbourne’s legal and medical precincts, the city centre, and the leafy Flagstaff Gardens. And most importantly is in the Uni High School Zone.
Comprising security and walk up entrance, flexible large living /dining area adjacent entertainer’s balcony.
Massive house size kitchen with modern appliances, large stone bench top and split system heating and air conditioning.
Two large bedrooms with BIR’s, sparkling central bathroom with separate bath.
Oversized powder room (perfect for guests)
NOTE: Timber flooring throughout (No Carpet), private corner position, heating/cooling, adjacent all transport.
DIRECT LIFT ACCESS TO SECURITY BASEMENT CAR PARK AND STORAGE CAGE.
Property Code: 679

Property Details for 1/39-47 Peel St, West Melbourne

1/39-47 Peel St, West Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Melbourne Residential Real Estate Pty Ltd - Southbank.

Building Type
Apartment
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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 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% 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 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.

West Melbourne has 8,465 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.80% decrease in median value, while Units have seen a -0.25% decrease. As at 31 January 2026:

  • The median value for Houses in West Melbourne is $1,329,330 while the median value for Units is $512,615.
  • Houses have a median rent of $630 while Units have a median rent of $620.
There are currently 34 properties listed for sale, and 18 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 379 properties were sold in the past 12 months in West melbourne.

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Flo Djaja
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Melbourne Residential Real Estate Pty Ltd - Southbank
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