347-349 King Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

347-349 King Street
West Melbourne VIC 3003

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 117m2
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Property Details for 347-349 King St, West Melbourne

Building Type
Commercial
Land Size
117m2
Local Government
Melbourne
Lot/Plan
1/PS348216

Last Listing description (January 2020)

Phone enquiry code for this property: 1705

100 m2 first-floor commercial office in a renovated Victorian building overlooking Flagstaff Gardens! Views of the park and abundant natural light.


Only 4 minutes walk to Flagstaff Station and opposite the beautiful Flagstaff Gardens and just 50 meters from La Trobe Street which has tram service including the City Circle tram.

The office is freshly painted and includes a kitchenette, toilet and shower and has independent Reverse Cycle Air Conditioning (can either heat or cool). Access is via staircase.

Outgoings to be paid by tenant are $3,500 per annum.

Phone enquiry code for this property: 1705

Property History for 347-349 King St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$220,000
08 Jan 1996
Listed for Rent
$632/w
23 Jan 2020
  • 15 Oct 2019
    Listed for Rent $33,000 / year
  • 07 Jun 2019
    Listed for Rent - Price not available
  • 10 Oct 2012
    Listed for Sale 80000 PLUS SAVING
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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 8,463 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.67% decrease in median value, while Units have seen a -2.66% decrease. As at 28 February 2026:

  • The median value for Houses in West Melbourne is $1,329,375 while the median value for Units is $513,214.
  • Houses have a median rent of $640 while Units have a median rent of $620.
There are currently 26 properties listed for sale, and 22 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 398 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.