242 Stanley Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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242 Stanley Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 144m2
Land area: 62m2
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Property Details for 242 Stanley St, West Melbourne

242 Stanley St, West Melbourne is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2003. The property has a land size of 62m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
House
Year Built
2003
Floor Size
144m2
Land Size
62m2
Local Government
Melbourne
Lot/Plan
242/PS507063

Last Listing description (February 2015)

Designed with masterful flair by renowned architect Nicholas Murray to showcase dramatic industrial origins and massive vaulted ceilings, enjoy breathtaking city views from a choice of three terraces mere minutes to the city. Clever use of original metal and wood beams throughout create unique focal points that dovetail effortlessly with ultra-modern living spaces bathed in light to create an unparalleled abode. An oversized master haven offers a glorious walk through robe and a sparkling ensuite with luxuriating soaking tub, with a flexible floor plan offering a third bedroom or studio/home office option. Boasting exquisite spotted gum floorboards, the brilliant open plan living, dining and sleek kitchen offers dual terraces for effortless entertaining up to a rooftop terrace, the perfect place to watch the fireworks as the city celebrates. A remote controlled garage offers secure internal access, with ducted vacuum and heating and cooling throughout. Stroll to your choice of city eateries and trendy cafes. Securely leased until September 2015 for $850 per week approx.

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

A timeline of how this property has performed in the market
Last Sold
$1,113,000
23 Feb 2015
Listed for Rent
$850/w
30 Apr 2014
  • 23 Feb 2015
    Sold for $1,113,000
  • 08 May 2014
    Listed for Sale ESTIMATE $1,000,000 - $1,080,000
  • 21 Feb 2014
    Listed for Rent $850 / week
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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.
There are currently 33 properties listed for sale, and 14 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 382 properties were sold in the past 12 months in West melbourne.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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