204/493-499 Victoria St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 698m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom Unit sold in West Melbourne in the last 12 months.
An instantly inviting celebration of city-edge living, this affordable 1 bedroom apartment offers true value for market entrants and the promise of high returns for investors. Moments from the CBD, simply stroll to Queen Victoria Market, Errol Street shopping, the hospitals and university precinct, North Melbourne trains and multiple bus and tram routes.
Owning a second-floor setting in a low-rise complex, spacious open-plan living and dining is underscored by a stone-finished kitchen featuring an island bench for entertaining, a tiled splashback and stainless-steel Blanco appliances including a full-sized dishwasher. A nearby study zone comes complete with a built-in workstation. Slide open full-height glass and relax on an undercover full-width balcony with expansive views over the neighbourhood including the towering Melbourne Wheel. A large bedroom is serviced by mirrored built-in robes and a deluxe bathroom with stone detailing and a shower over a bathtub.
Take full advantage of secure parking, an over-the-bonnet storage unit, laundry capacity, split-system heating and cooling, double roller blinds, rich floorboards, recessed down-lighting, intercom and lift access. Inspect today!
Outgoings:
Council Rates: $223.93 per quarter approx.
Water Rates: $148.53 per quarter approx.
Owners Corp Fees: $661.01 per quarter approx.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
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 8,470 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:
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