47-53 Capel Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
OFF MARKET

47-53 Capel Street
West Melbourne VIC 3003

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 540m2
Land area: 305m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 47-53 Capel St, West Melbourne

Building Type
Commercial
Floor Size
540m2
Land Size
305m2
Local Government
Melbourne
Lot/Plan
1/TP1599

Last Listing description (September 2021)

A remarkable two (2) level freehold building of 550 square metres* with over 16 metres* of prime street frontage

Flexible light-filled open floor plates with ample on-site parking via rear lane and exclusive Melbourne CBD views

Mixed-use zoning with the opportunity for multiple commercial and/or residential re-positioning opportunities or enormous scope for the construction of additional levels (STPA)

Offered with vacant possession providing a prominent opportunity to establish your office headquarters only moments away from the Melbourne CBD

Within immediate proximity to the Queen Victoria Fresh Food Market and walking distance to Flagstaff Gardens and excellent public transport connectivity to both Peel Street tram network and Flagstaff Underground Train Station

An opportunity to capitalise from the $250m redevelopment of the Queen Victoria Market set to transform and reinvigorate the precinct for decades to come

FOR SALE VIA PUBLIC ON-SITE AUCTION ON FRIDAY 5TH OCTOBER 2018 AT 12:30PM

For more information please contact the exclusive sales and marketing agents:

Alex Brierley
+61 447 974 447

Guy Naselli
+61 413 750 744

Leon Ma
+61 417 070 725

Show More

Property History for 47-53 Capel St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
13 Feb 2020
  • 02 Sep 2021
    Listed for Sale SOLD - Price Withheld
  • 25 Nov 2019
    Listed for Rent - Price not available
  • 10 Jul 2019
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:

  • The median value for Houses in West Melbourne is $1,253,332 while the median value for Units is $518,305.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 37 properties listed for sale, and 8 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 397 properties were sold in the past 12 months in West melbourne.

West Melbourne Profile Page

Suburb Insights for West Melbourne 3003

Visit West Melbourne profile page
Market Insights
West Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
West Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit West Melbourne profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED