3/123-125 Stanley Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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3/123-125 Stanley Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 61m2
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Last updated 12 Jan 2026
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Property Details for 3/123-125 Stanley St, West Melbourne

3/123-125 Stanley St, West Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 61m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2007
Floor Size
101m2
Land Size
61m2
Local Government
Melbourne
Lot/Plan
3/PS549561

Last Listing description (December 2020)

Enjoy the serenity of the City Skyline, and the exciting Docklands Precinct, in this brilliantly designed three level townhouse. Located in this boutique block of only five residences. The impact of privacy within its quiet surrounds is highlighted by its close proximity to the CBD, Victoria Market, Docklands, City Link and Errol Street shops & cafes.

Drive through the security entrance into a rare double lock-up garage with storage and laundry on the ground level. Walk up the stairs to the first level which comprises two generous bedrooms with BIRs (master with ensuite). A third bedroom, or study, bright bathroom with separate bath, shower & w.c round out this level.

The second level is a true entertainer's delight, with a designer kitchen featuring Blanco Appliances, island bench/servery overlooking large living area drenched in northern light and amazing high ceilings. Walk out to the sun deck and BBQ area. Ideal for outdoor entertaining.

Ascend to a brilliant, spacious landscaped roof garden with a tiled hearth for an open fire and magnificent views of West Melbourne, CBD & Docklands.

Other features include quality fixtures & fittings, heating, cooling and alarm system. This much loved residence has to be viewed to be fully appreciated. Rent $750p/w

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Property History for 3/123-125 Stanley St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,110,000
27 Feb 2021
Listed for Rent
$750/w
30 Sep 2020
  • 27 Feb 2021
    Sold for $1,110,000
  • 30 Sep 2020
    Listed for Rent $750 / week
  • 01 Feb 2013
    Listed for Rent $725 / 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 8,469 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.68% decrease in median value, while Units have seen a -1.84% decrease. As at 31 December 2025:

  • The median value for Houses in West Melbourne is $1,342,812 while the median value for Units is $507,741.
  • Houses have a median rent of $630 while Units have a median rent of $610.
There are currently 36 properties listed for sale, and 22 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in West melbourne.

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© Copyright 2026. 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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