4/39-47 Peel Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

4/39-47 Peel Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 418m2
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Property Details for 4/39-47 Peel St, West Melbourne

4/39-47 Peel St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 418m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
2008
Floor Size
74m2
Land Size
418m2
Local Government
Melbourne
Lot/Plan
4/PS609739

Last Listing description (September 2023)

This well located and presented apartment offers two generous sized bedrooms (with new wool blend carpets) both with built in robes, open plan and light filled living area overlooking a spectacular city vista, modern chef's kitchen complete with dishwasher and gas cooking, centrally located bathroom with separate bath and separate powder room. Other features include: full separate laundry with linen press, double glazing to the bedrooms for great sound and temperature insulation, reverse cycle air conditioning/heating, lots of cupboard/storage space and a well sized balcony to relax and take in the stunning city skyline. All this just metres from the Queen Victoria Market, with tram at your door and only a short stroll to the CBD but with the added bonus of a secure car space and bike room.

Alexkarbon Real Estate
241 Union Road, Ascot Vale

122 Errol Street, North Melbourne

Property History for 4/39-47 Peel St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$680,000
03 Dec 2024
Listed for Rent
$660/w
23 May 2023
  • 03 Dec 2024
    Sold for $680,000
  • 27 Nov 2020
    Listed for Rent $530 / week
  • 05 Aug 2013
    Sold for $535,000
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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 8,462 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 27 properties listed for sale, and 18 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 399 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.