2/248 Adderley Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

2/248 Adderley Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 195m2
Land area: 141m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 2/248 Adderley St, West Melbourne

2/248 Adderley St, West Melbourne is a 3 bedroom, 3 bathroom Townhouse with 1 parking spaces and was built in 1999. The property has a land size of 141m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Townhouse
Year Built
1999
Floor Size
195m2
Land Size
141m2
Local Government
Melbourne
Lot/Plan
2/PS423699

Last Listing description (May 2023)

An inner-city secret so good that unless you know where to look, you'll never find it! And that's just one of the unique hallmarks of this extraordinary tri-level residence delivering an exclusive lifestyle of executive perfection with the best of inner-Melbourne at your fingertips. Step inside to discover a truly opulent interior showcasing a large master bedroom with its own custom-fitted WIR and luxurious double-vanity double-shower ensuite, as well as two additional bedrooms with fitted BIRs, two additional ensuites and a guest powder room (fourth WC). Further emphasizing its innovative design is the inclusion of a study/retreat and expansive open-plan living/dining spaces complemented by a gourmet kitchen with Solid Surface benchtops, custom soft-close cabinetry and a suite of Miele appliances including integrated dishwasher, fridge/freezer, oven, microwave and induction cooktop. High ceilings and a profusion of natural light throughout, other luxuries include zoned ducted heating/refrigerated cooling, premium carpets, polished concrete/engineered oak flooring, ducted vacuum, integrated audio and double-glazed windows all-round, as well as concealed cisterns, rain-head showers and floor-to-ceiling tiles in all three bathrooms. Saving the best to last, this extraordinary home also boasts an internal lift accessing all three levels and bluestone-paved rooftop entertaining terrace complete with fully-tiled heated pool and sweeping city views, plus a private front courtyard (also bluestone paved) and secure off-street parking space. The convenience of North Melbourne Station at the end of the street, it's also close to the buzz of Errol Street, Victoria Street trams and popular schools as well as easy access to Queen Victoria Market, Docklands and the CBD.

Property History for 2/248 Adderley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$2,300,000
25 Mar 2023
  • 25 Mar 2023
    Sold for $2,300,000
  • 27 Feb 2023
    Listed for Sale $2,300,000
  • 01 Jul 2016
    Sold for $1,200,000
Sign in to see more transactions
Commute Calculator

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.
There are currently 33 properties listed for sale, and 14 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 380 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

Market Insights
West Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
West Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.