172 Stanley Street, West Melbourne, VIC 3003 sold on 16 June 2026 | OnTheHouse
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Sold on 16 Jun 2026 for $950,000

172 Stanley Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 90m2
Sold By
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Belle Property Carlton | Melbourne | North Melbourne
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Property Details for 172 Stanley St, West Melbourne

172 Stanley St, West Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 1 bedroom House sold in West Melbourne in the last 12 months.

Building Type
House
Land Size
90m2
Local Government
Melbourne
Lot/Plan
1/TP449637

Last Listing description (June 2026)

A first-class office, creative space, or potential residence, this fully fitted former warehouse represents one of the most exciting design opportunities West Melbourne has seen for some time.Operating as a long-time base for a flourishing business, the storied premises retain exposed trusses, soaring ceilings, and a faade aligning with the area's industrial heritage, all while fully modernised to capably serve any vision. Spanning two levels and equipped with various comforts in heating and cooling, meeting and office areas, kitchen/meals, and restroom facilities, any number of small-business pursuits are well-catered for, enabling lucrative yields in a competitive city-fringe rental market.With extensive local precedent, stirring scope exists to completely reimagine, craft a luxury residence with a garage and roof deck, and enjoy everything that sees the local lifestyle so adored. Existing plans detail one of countless options a redesign could yield, while from both a residential and commercial perspective, position is simply second to none.Although moments from every city allure, West Melbourne weaves calm into the bustle, footsteps to Flagstaff Gardens, trains and trams, Queen Victoria Market, iconic Errol Street, and picturesque Docklands while close to CityLink for streamlined commuting.* All potential uses of the land and/or property is subject to Council approval.

Property History for 172 Stanley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$950,000
16 Jun 2026
  • 16 Jun 2026
    Sold for $950,000
  • 23 Mar 2026
    Listed for Sale $950,000
  • 12 Nov 2002
    Sold for $410,000
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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 8,465 properties. Over the last 5 years, Houses in West Melbourne have seen a -19.99% decrease in median value, while Units have seen a -5.28% decrease. As at 31 May 2026:

  • The median value for Houses in West Melbourne is $1,205,159 while the median value for Units is $516,071.
  • Houses have a median rent of $730 while Units have a median rent of $630.
There are currently 39 properties listed for sale, and 13 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 417 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.