197 Stanley StreetWest Melbourne VIC 3003
Property Details for 197 Stanley St, West Melbourne
197 Stanley St, West Melbourne is a 2 bedroom, 2 bathroom House and was built in 1880. The property has a land size of 104m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in March 2007.
Last Listing description (March 2007)
Not your usual single fronted terrace
This elevated, 2 level terrace provides an intriguing layout. The open plan dining area and separate entertaining area or 2nd bedroom are on one level with a further single bedroom and study on the basement level. A sunny rear courtyard provides an ambient and private setting for entertaining. This home offers flexibility for first home buyers, investors and builders to work with a comfortable home with right of way at the rear of the property. There is excellent opportunity to add further value in this growth suburb and after viewing you will know why this home has been added to their shortlist.
Property History for 197 Stanley St, West Melbourne, VIC 3003
- 31 Mar 2007Sold for $430,000
- 27 Feb 2007Listed for Sale $375,000 plus
- 17 Oct 1994Sold for $137,500
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 -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.
Suburb Insights for West Melbourne 3003
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