501/16 Anderson Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

501/16 Anderson Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 645m2
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Property Details for 501/16 Anderson St, West Melbourne

501/16 Anderson St, West Melbourne is a 2 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 110m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
2016
Floor Size
110m2
Land Size
645m2
Local Government
Melbourne
Lot/Plan
501/PS725842

Last Listing description (December 2025)

Matching sunlit spaces with superior styling, this streamlined apartment confirms its lifestyle status with premium appointments, spacious dimensions and prized placement in the Journal complex moments from North Melbourne Shopping Village. Zoned to North Melbourne Primary and University High School, the apartment's stylish design is destined to delight with its layout incorporating two good-sized bedrooms, along with a sleek open plan kitchen, living and dining zone that spills onto a spacious balcony. Wonderfully situated only footsteps from North Melbourne train station that's only one stop from Southern Cross station and close to Queen Victoria Market, Flagstaff Gardens and Melbourne's bustling lifestyle attractions.

Two spacious bedrooms with built-in-robes
Bathroom flaunting designer styling

Contemporary kitchen containing stone benches
Gas stove, under bench oven, integrated dishwasher
Open plan living and dining boasting floorboards
Sliding doors onto large entertainer's balcony
Floor-to-ceiling windows and sliding doors in living zone
Euro laundry
Split system heating/air conditioning
Intercom entry, storage zone
Designated parking space
Steps from North Melbourne Station
Close to North Melbourne shops, Queen Vic Market and the city centre

Property History for 501/16 Anderson St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$625,000
01 Jun 2018
  • 09 Oct 2025
    Listed for Sale $559,000
  • 27 May 2025
    Listed for Sale $559,000
  • 11 Jun 2024
    Listed for Sale $559,000
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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 8,466 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, 380 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.