242 Adderley Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

242 Adderley Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 153m2
Land area: 134m2
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Property Details for 242 Adderley St, West Melbourne

242 Adderley St, West Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 134m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in August 2025.

Building Type
House
Year Built
1920
Floor Size
153m2
Land Size
134m2
Local Government
Melbourne
Lot/Plan
6/PS423699

Last Listing description (August 2025)

Sitting privately at the end of the row beneath the lush canopy of a tree-lined street, this c1880 warehouse-style residence delivers style, space, and serene family sanctuary at the citys edge. Architecturally updated for modern living, the home devotes its upper floor to everyday relaxation and entertaining, flooded with sunlight and leafy views by day while immersed by a glittery skyscraper skyline by night.

Framed by a towering 4.5-metre vaulted ceiling and hardwood floors, the open plan living domain is wrapped by alfresco spaces to create a sun-filled and spacious, indoor-outdoor entertainer. The vast dimensions dedicate room for relaxation, dining, and lively celebrations, stretching beyond a wall of glazing to a northerly outdoor terrace. The kitchen gathers guests around a granite-topped island, while catering to the masses with Bosch cooking appliances, a Miele dishwasher, and substantial timber-grain storage.

The three-bedroom accommodation is peacefully nestled below, pairing two robed bedrooms with a spacious central bathroom, plus a luxe main bedroom containing wall-to-wall robes, a sparkling ensuite, and courtyard access. Finished with a large laundry room, ample storage, and a secure remote-controlled carpark, the home is cocooned in modern luxuries including reverse-cycle ducted heating and cooling.

Situated within one of Melbournes premier locations, the home is surrounded by North Melbourne Station, supermarkets, eateries, and gardens, within a leisurely stroll to Errol Streets and Docklands shopping districts, and the array of entertainment at the CBD. The perfect location for family, the home is zoned for the esteemed University High School, while within easy reach of leading universities and revered hospitals.

Property History for 242 Adderley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,740,000
23 Aug 2025
  • 23 Aug 2025
    Sold for $1,740,000
  • 30 Jul 2025
    Listed for Sale $1,650,000 - $1,750,000
  • 24 May 2014
    Sold for $1,225,000
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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 8,280 properties. Over the last 5 years, Houses in West Melbourne have seen a -13.58% decrease in median value, while Units have seen a 0.79% increase. As at 31 August 2026:

  • The median value for Houses in West Melbourne is $1,238,625 while the median value for Units is $521,524.
  • Houses have a median rent of $748 while Units have a median rent of $643.
There are currently 39 properties listed for sale, and 33 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 409 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.