3/40 Batman Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

3/40 Batman Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 98m2
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Property Details for 3/40 Batman St, West Melbourne

3/40 Batman St, West Melbourne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 98m2. While the property is not currently for sale or for rent, it was last transferred in December 2016.

Building Type
Unit
Year Built
2002
Land Size
98m2
Local Government
Melbourne
Lot/Plan
3/PS429196

Last Listing description (October 2025)

Rare Opportunity in Boutique Development

Step into extraordinary living with this architecturally designed tri-level townhouse by Preston Lane Architects, nestled in a boutique warehouse conversion of just seven residences.
Located on the edge of Melbournes CBD, with Flagstaff Gardens at your doorstep, this home offers the perfect blend of heritage charm and contemporary luxury.

Key Features:
Authentic warehouse character with original timber flooring on kitchen/living area, timber flooring throughout, and exposed brick faade
Expansive open-plan living/dining with a gourmet kitchen featuring:
Marble benchtops & splashbacks
Fisher & Paykel double dishwasher
Undercounter freezer drawer and fridge drawer
Large pantry & ample storage
Private entertainers balcony with manual retractable awning
Three spacious bedrooms:
Master with ensuite, walk-in shower, dual basins & private balcony with retractable clothes line
Built-in robes & air-conditioning in two bedrooms
Three stylish bathrooms including a main with shower-over-bath and W.C's.
Versatile lower-level with 3rd bedroom/office, bathroom with clothes airer.
Massive tandem garage/workshop with remote access, plenty of storage cupboards, internal lift to take you to each floor with safety stop facility.

Prime Location:
Zoned to University High School
Steps from Haileybury College
Walk to Flagstaff & Southern Cross Stations, Queen Victoria Market, Latrobe Street trams (Free Tram Zone), hospitals, universities & Docklands
Easy access to hospitals, universities & Docklands
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This property is not to be missed. Ideal for professionals, families, or anyone seeking a unique urban lifestyle with space, style, and convenience.

Property History for 3/40 Batman St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Transferred
03 Dec 2016
Listed for Rent
$1.10k/w
14 Oct 2025
  • 13 Oct 2025
    Listed for Rent $1,100 / week
  • 03 Dec 2016
    Transferred
  • 08 Jul 1999
    Sold for $459,950
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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 -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 34 properties listed for sale, and 31 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 369 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.