385 Victoria St, West Melbourne is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 231m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
This prized property of 230sqm (approx) is sure to pique the interest of developers, builders and urban professionals with an astute eye for fantastic potential, lifestyle convenience and the bonus of clear city views.
Currently featuring a living room, dining area, two bedrooms and a courtyard, there are plans and permits in place to construct a contemporary 3-bedroom, 2-bathroom multi-level dwelling.
Envisage low-maintenance spaces incorporating a comfortable lounge, open-plan kitchen/dining room, rear timber decking & courtyard, substantial study, roof terrace, separate laundry and double garage parking via ROW laneway access, while capitalising on the great location within the coveted Uni High School zone and a short stroll to the CBD, Queen Vic Market, North Melbourne Train Station, Flagstaff Gardens and the quaint surrounds & quality coffee of Errol St Village.
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 -3.06% decrease in median value, while Units have seen a 0.58% increase. As at 30 November 2025:
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