1/12 Prout LaneWest Melbourne VIC 3003
Property Details for 1/12 Prout Lane, West Melbourne
1/12 Prout Lane, West Melbourne is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1892. The property has a land size of 261m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (October 2017)
A substantial and sophisticated sanctuary boasting city skyline-to-Docklands views plus 4-car garaging, this spectacular warehouse conversion of the former-San Remo Bakery is brilliantly composed over multiple secluded levels. Fully secured with CCTV/alarm, the remarkable architect-enhanced spaces of this light-filled, city-fringe home offer exceptional flexibility, state-of-the-art features and sun-drenched alfresco entertaining. In the University High zone near Errol Street cafes, Victoria Market, hospitals and CBD; includes 3 bedrooms (main ensuite & balcony), study/office or 4th, ground-floor living zone, huge family/dining (views, terrace, home theatre, OFP), stunning kitchen (coffee machine), 2.5 bathrooms, hydronic heating, a/c, Nakamichi audio, electric awnings and original details.
Property History for 1/12 Prout Lane, West Melbourne, VIC 3003
- 09 Sep 2017Sold for $2,430,000
- 16 Aug 2017Listed for Sale $2,300,000 - $2,500,000
- 24 Aug 2007Sold for $1,725,000
Recent sales nearby
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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 8,463 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.67% decrease in median value, while Units have seen a -2.66% decrease. As at 28 February 2026:
- The median value for Houses in West Melbourne is $1,329,375 while the median value for Units is $513,214.
- Houses have a median rent of $640 while Units have a median rent of $620.
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