407/58 Jeffcott Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

407/58 Jeffcott Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 407/58 Jeffcott St, West Melbourne

407/58 Jeffcott St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
2009
Local Government
Melbourne
Lot/Plan
407/PS610335

Last Listing description (May 2025)

Spacious Inner-City Apartment and Prime Investment Opportunity

Perfectly positioned in the quiet edge of the bustling Melbourne CBD, this spacious 1-bedroom and 1-study (or second bedroom) apartment is a standout opportunity for savvy investors and first-home buyers alike. Offering strong rental appeal and a functional layout, it's the perfect entry into Melbourne's thriving property market.

With an approximate area of 60m, the well-designed floor plan maximizes space and functionality. The open-plan living and dining area provides a comfortable and modern setting, complemented by a stylish kitchen featuring quality appliances, ample storage, and sleek stone benchtops. The generous bedroom boasts built-in robes and natural light, while the versatile study/second bedroom adds flexibility - ideal for those working from home or seeking extra space.

Enjoy seamless indoor-outdoor living with a private balcony, perfect for your morning coffee or evening unwind. Additional features include a building concierge, parcel locker, carpark space, split-system heating & cooling, and secure intercom entry.

Why You'll Love This Property:
Ideal for first-home buyers looking for space, convenience & modern living
Strong rental potential for investors in a high-demand location
Well-maintained building with concierge, parcel lockers & secure entry
Private balcony for added appeal
Includes secure car park & split-system heating/cooling

Unmatched Location & Lifestyle
Short stroll to Flagstaff Gardens (160m), Queen Victoria Market (700m) & Marvel Stadium (650m)
Walking distance to Southern Cross Station (700m), Flagstaff Station (400m) and tram stop (240m)
Close to Melbourne CBD, Docklands & top-rated dining precincts
Zoned for University High School & near major universities such as RMIT University and Melbourne University

Whether you're starting your property journey or expanding your investment portfolio, this is a fantastic opportunity in one of Melbourne's most sought-after pockets.

Enquire today to arrange an inspection!

The Phone Code for this property is: 57434. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 407/58 Jeffcott St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$435,000
27 Mar 2025
  • 30 Apr 2025
    Sold - Price Undisclosed
  • 12 Feb 2025
    Listed for Sale $430,000 - $460,000
  • 25 Oct 2017
    Sold for $413,000
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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 8,463 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 35 properties listed for sale, and 10 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 398 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.