12/1 Flagstaff LaneWest Melbourne VIC 3003
Property Details for 12/1 Flagstaff Lane, West Melbourne
12/1 Flagstaff Lane, West Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1957. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom Unit sold in West Melbourne in the last 12 months.
Last Listing description (October 2024)
Inner-City Oasis of Space and Style
Well back from the street in the former Western Star Butter Factory, this amazing apartment combines industrial edge, contemporary flair and dream dimensions to deliver a sensational inner-city lifestyle.
Complete with its own private entrance, the homes vast interior showcases an extra-large master bedroom with walk-through robes to private ensuite, as well as two additional bedrooms and a stylish main bathroom with shower/tub combo. Spacious, versatile and filled with natural light, the open-plan living/dining area is further enhanced by a well-appointed kitchen complete with breakfast bar, dishwasher and ample storage. Other stand-outs include split-system heating/cooling, solid hardwood floors and large European laundry, plus a wide balcony and two off-street parking spaces.
A short stroll to Flagstaff Station, Latrobe Street trams (free tram zone) and Queen Victoria Market, its also close to Haileybury College (zoned to University HS), as well as easy access to hospital/uni precincts and Docklands.
NB: As this property may be located in an area where car parking is at a premium, please make your own enquiries with the municipal council to determine if a resident parking permit is required for on street car parking.
Property History for 12/1 Flagstaff Lane, West Melbourne, VIC 3003
- 17 Sep 2024Listed for Rent $850 WEEKLY
- 12 Jul 2024Listed for Sale $890,000
- 10 May 2021Listed for Rent $600 per week
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 8,466 properties. Over the last 5 years, Houses in West Melbourne have seen a -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:
- The median value for Houses in West Melbourne is $1,253,332 while the median value for Units is $518,305.
- Houses have a median rent of $755 while Units have a median rent of $620.
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