38 Capel Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

38 Capel Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 38 Capel St, West Melbourne

38 Capel St, West Melbourne is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1880. While the property is not currently for sale or for rent, it was last sold in December 1990.

Building Type
House
Year Built
1880
Local Government
Melbourne
Lot/Plan
1/LP27870

Last Listing description (February 2024)

Victorian cottage in a quiet street next to the free tram zone

Early Victorian cottage in a quiet street, historic enclave, by Flagstaff Gardens and back lane leads to Peel St, the Victoria Market and free tram into the CBD (You dont need a car or a myki). Twelve minute walk to Melbourne and RMIT Universities.
2 bedrooms (3.8x3.4 and 3.4x3.2), Kitchen/living room, high ceilings.
Two on-street Residential Parking Permits available.

Dish washer, ceramic stove & oven , courtyard, hydronic heating in all rooms, reverse cycle aircon in front room.
TV reception, NBN, phone line to all 3 rooms. External power point for e-scooter etc
Its a friendly street where strangers say hello to each other.
The previous 2 tenants liked the area so much, they stayed 8 years, and 6 years before buying their own homes.
Quick access to maintenance via the owner.
Airbnb not permitted here or in adjacent properties. Good neighbours.
Land 94 sqm, floor 84 sqm.
Inspection 4pm Sat 17 Feb Available from Tues 20 February for yearly lease

Property History for 38 Capel St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$95,000
15 Dec 1990
  • 08 Feb 2024
    Listed for Rent $595 per week
  • 23 Sep 2016
    Listed for Rent - Price not available
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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, 381 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.