1/123-125 Stanley Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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1/123-125 Stanley Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 75m2
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Last updated 29 Dec 2025
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Property Details for 1/123-125 Stanley St, West Melbourne

1/123-125 Stanley St, West Melbourne is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2008. The property has a land size of 75m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Townhouse
Year Built
2008
Floor Size
144m2
Land Size
75m2
Local Government
Melbourne
Lot/Plan
1/PS549561

Last Listing description (November 2024)

Benefitting from direct street access, this sensational 3 level townhouse is an excellent opportunity to enter the sought after West Melbourne market.

The generous floorplan offers three bedrooms including a generous main bedroom (with ensuite) and a superb central bathroom. Flooded with natural light, the top floor living area is perfectly proportioned and easily flows out to a private sunny terrace. Ready to move in and enjoy whilst enhanced by a private garage with capacity for up to 2 cars (internal car stacker).

Walking distance from Queen Victoria Market, Flagstaff Gardens, Docklands, and the CBD as well as easy access to hospital/university precincts. It is also close to popular schools (zoned to University HS and North Melbourne Primary) and selection of transport options including nearby North Melbourne Station.

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Property History for 1/123-125 Stanley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,125,000
10 Oct 2024
Listed for Rent
$695/w
08 Sep 2012
  • 10 Oct 2024
    Sold for $1,125,000
  • 27 Sep 2024
    Listed for Sale Undisclosed
  • 23 Feb 2015
    Sold for $852,000
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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 8,467 properties. Over the last 5 years, Houses in West Melbourne have seen a -3.06% decrease in median value, while Units have seen a 0.58% increase. As at 30 November 2025:

  • The median value for Houses in West Melbourne is $1,279,634 while the median value for Units is $516,591.
  • Houses have a median rent of $625 while Units have a median rent of $600.
There are currently 32 properties listed for sale, and 13 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 373 properties were sold in the past 12 months in West melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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