504/41 Dryburgh Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

504/41 Dryburgh Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 686m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 21 Sep 2026
Low

High
Save

Property Details for 504/41 Dryburgh St, West Melbourne

504/41 Dryburgh 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 686m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Unit
Year Built
2016
Floor Size
67m2
Land Size
686m2
Local Government
Melbourne
Lot/Plan
504/PS738850

Last Listing description (October 2025)

West Melbournes boutique apartments with rooftop sky terrace.

The Wallace is located in the heart of Melbournes inner sanctum, The Wallaces privileged position that also accesses North Melbourne Train Station, CBD and northbound tram stops, all less than 200 meters away. You are only a moments tram or train ride to Australias top-ranking educational institutions. Within walking distance to Melbournes renowned hotspots including Errol Streets village scene and shopping precinct and the iconic Queen Victoria Market transporting you from breakfast to lunch. Residents of The Wallace enjoy exclusive access to a rooftop sky terrace including BBQ facilities, centralised fireplace with ample sitting areas and endless spectacular views. A promise of beautiful living, spacious well-designed apartments, with timber floors and open plan living, ensuite, well-appointed bathroom, study nook and walk-in robes. These select apartments are supported by onsite property management, The Wallace delivers a luxurious, modern lifestyle, these apartments will not last as only a select few available!

TWO BEDROOM APARTMENT FEATURES

- Spacious open plan living area
- Spectacular views of CBD select apartments
- Timber floorboards to living areas
- Reverse Cycle Air conditioning
- Modern Kitchen including full height cabinetry providing ample storage
- European stainless-steel appliances including dishwasher, range hood, electric oven and cook top - Multipurpose portable Island bench
- Stone bench tops
- BIRs with sliding mirror doors
-Beautifully appointed sparkling bathroom with quality finishes and fittings
- Internal laundry
- Study nook
- Built in cabinetry
- Built in shoe rack
- Timber bulkhead
- Modern finishes throughout
- Secure undercover parking
- Secure undercover storage cage
- Audio intercom system
- Pre-cabled for Foxtel, Free-to-Air TV and phone
- High Speed Internt
THE WALLACE BUILDING FEATURES
- Stunning Rooftop Sky Terrace including BBQ facility, fire place and ample sitting areas
- Swipe access with intercom and CCTV security
- Private and secure basement parking and storage for each apartment
- Superior on- site management
- City and Dockland views
- Bicycle storage
- Boutique building with only 60 apartments
Please note photos are indicative only, apartment is unfurnished.

Property History for 504/41 Dryburgh St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$599,000
19 Aug 2014
Listed for Rent
$550/w
11 May 2023
  • 22 Aug 2025
    Listed for Rent $590 / week
  • 24 Mar 2023
    Listed for Rent $550 / week
  • 09 Nov 2020
    Listed for Rent $420 / week
Sign in to see more transactions
Commute Calculator

About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. There are 14 parks, covering nearly 2.4% of the 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 8,285 properties. Over the last 5 years, Houses in West Melbourne have seen a -13.58% decrease in median value, while Units have seen a 0.79% increase. As at 31 August 2026:

  • The median value for Houses in West Melbourne is $1,238,625 while the median value for Units is $521,524.
  • Houses have a median rent of $748 while Units have a median rent of $643.
There are currently 40 properties listed for sale, and 34 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 411 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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
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.