385 Victoria Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

385 Victoria Street
West Melbourne VIC 3003

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 193m2
Land area: 231m2
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Property Details for 385 Victoria St, West Melbourne

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.

Building Type
House
Year Built
2023
Floor Size
193m2
Land Size
231m2
Local Government
Melbourne
Lot/Plan
1/TP332528

Last Listing description (January 2016)

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.

Contact Nick McLean & Syd Sherrin for more details about this property.

Property History for 385 Victoria St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$890,000
22 Jul 2015
  • 22 Jul 2015
    Sold for $890,000
  • 24 Apr 2015
    Listed for Sale $920,000
  • 30 Aug 2014
    Listed for Sale $900,000
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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 -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 36 properties listed for sale, and 18 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.