308/493 Victoria Street, West Melbourne, VIC 3003 | Apartment for sale | OnTheHouse
 
FOR SALE
$575,000

308/493 Victoria Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Great location, spacious living

The Phone Code for this property is: 64886. Please quote this number when phoning or texting.
Located on the top floor (3rd floor), the apartment is walking distance to everything. North Melbourne and Arden train stations, route 57 trams, Errol street precinct, Woolworths, Aldi and Queen Victoria Market.
The spacious living dining room opens up to a large North facing balcony. Newly installed powerful reverse cycle heating and cooling ensure year-round comfort.
A full-sized modern kitchen featuring stone benches, newly installed induction cooktop, stainless steel appliances, and lots of cupboard space.
The bathroom has separate shower, bathtub, and laundry facilities, a separate powder room adds additional privacy and convenience.
The bedrooms face away from traffic noises, offering great nights of sleep.
Other features include:
- Freshly painted throughout
- Floorboards throughout including bedrooms
- Built-in study bench
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Property Details for 308/493 Victoria St, West Melbourne

308/493 Victoria St, West Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
Apartment
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About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. There are 14 parks, covering nearly 2.4% of the 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 8,285 properties. Over the last 5 years, Houses in West Melbourne have seen a -13.58% decrease in median value, while Units have seen a 0.79% increase. As at 31 August 2026:

  • The median value for Houses in West Melbourne is $1,238,625 while the median value for Units is $521,524.
  • Houses have a median rent of $748 while Units have a median rent of $643.
There are currently 40 properties listed for sale, and 34 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 412 properties were sold in the past 12 months in West melbourne.

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