402/16 Anderson Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

402/16 Anderson Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 645m2
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Property Details for 402/16 Anderson St, West Melbourne

402/16 Anderson St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 645m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2016
Floor Size
53m2
Land Size
645m2
Local Government
Melbourne
Lot/Plan
402/PS725842

Last Listing description (May 2023)

INSPECTION BY PRIVATE APPOINTMENT - PLEASE CALL ALEX ON 0472 514 337

Only moments from North Melbourne Train Station, Errol Street shopping district, Queen Victoria Market and the CBD, this stunning one bedroom apartment is sure to impress.


Upon entry you are met with a stylish kitchen with European stainless steel appliances and stone topped bench, leading through to the living area with Split system heating and cooling, covered balcony and the spacious bedroom with BIR.

Other features include a generous sized bathroom, euro laundry facilities, car stacker and the added bonus of a storage cage located on the Ground floor.

Property History for 402/16 Anderson St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$303,000
05 May 2023
Listed for Rent
$420/w
16 Jan 2019
  • 05 May 2023
    Sold for $303,000
  • 16 Nov 2021
    Listed for Sale $340,000 - $350,000
  • 07 Jan 2019
    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, 379 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.