503/16 Anderson Street, West Melbourne, VIC 3003 sold on 21 January 2025 | OnTheHouse
 
SOLD
Sold on 21 Jan 2025 for $307,500

503/16 Anderson Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 645m2
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Property Details for 503/16 Anderson St, West Melbourne

503/16 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 51m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 1 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
51m2
Land Size
645m2
Local Government
Melbourne
Lot/Plan
503/PS725842

Last Listing description (April 2025)

Auction set for 01/02/24, so get in quickly, vendors are open to offers prior to!

Securely positioned on level five of the boutique, architecturally designed "Journal" apartment development, this luxuriously appointed low-maintenance residence offers the perfect blend of modern design and functionality.

Upon entry, contemporary timber flooring guides you to the sleek, well-appointed kitchen that boasts a gas cooktop, electric oven, rangehood, integrated dish drawer and ample cabinet storage including a full height pantry.

An open plan living and dining room offers plenty of room for relaxation along with access to a large private balcony via full height glass sliding doors.
Serviced by a lavish, fully tiled central bathroom, the carpeted bedroom is impressively proportioned with plenty of room for a desk ? ideal for those studying or working from home. Mirrored built in robes provide excellent additional storage.

Additional features include split system heating/cooling, video intercom, European laundry, secure basement car parking plus separate storage cage.
A stone's throw from North Melbourne train station, bustling Queen Victoria Market and the vibrant Errol Street dining precinct, this immaculate apartment is certain to appeal to first home buyers, downsizers and investors alike.

Don't delay your inspection ? this property won't last long, contact Alexander to secure your inspection today!

Please note that any reference to internal or external floor size or m? area has been provided by a third party. Prospective buyers are strongly advised to undertake their own due diligence before making any property purchase.

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Property History for 503/16 Anderson St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$307,500
21 Jan 2025
Listed for Rent
$420/w
19 Jan 2019
  • 21 Jan 2025
    Sold for $307,500
  • 06 Jan 2025
    Listed for Sale $300,000 to $330,000
  • 11 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 32 properties listed for sale, and 13 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.

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