505/41 Dryburgh Street, West Melbourne, VIC 3003 sold on 12 May 2026 | OnTheHouse
SOLD
Sold on 12 May 2026 for $440,000

505/41 Dryburgh Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 686m2
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Property Details for 505/41 Dryburgh St, West Melbourne

505/41 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 May 2026. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.

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

Last Listing description (June 2019)

This impeccably-appointed chic apartment is situated on the end of the sought-after 'The Wallace' apartments, only a stone throw away from North Melbourne Station. This apartment is ready to either move into or rent out now with tenants in contract until July 2019 - interesting both owner-occupiers and astute investors in the process.
Welcoming you into this fifth-floor pad is a sleek open-plan living and dining area that incorporates a modern kitchen into its airy design. Spilling out to a spacious tiled balcony where splendid views double as your picturesque entertaining backdrop. The kitchen boasts quality stone bench tops, stainless-steel electric appliances and ample cabinetry.
The master ensemble is the pick of the sleeping quarters with its own private access to the balcony with beautiful views of Melbourne's skyline and indoor-outdoor integration, whilst both bedrooms benefit from the bonus of mirrored built-in wardrobes.

In close proximity to the North Melbourne Train Station, the Wallace Apartments holds two street frontages along Dryburgh and Stawell Streets. Both express individual contextual responses and character, while drawing from the surrounding warehouse aesthetic. Developed in reference to subway transportation and station architecture, the design uses similar forms, materiality and fa ade patterning. Views are offered from the communal roof terrace to the Docklands, linking this formerly industrial area. Call now to inspect.

Property History for 505/41 Dryburgh St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$440,000
12 May 2026
  • 12 May 2026
    Sold for $440,000
  • 20 Mar 2019
    Listed for Sale Not Disclosed
  • 28 Jan 2016
    Sold for $565,000
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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 8,478 properties. Over the last 5 years, Houses in West Melbourne have seen a -10.98% decrease in median value, while Units have seen a -4.74% decrease. As at 30 June 2026:

  • The median value for Houses in West Melbourne is $1,178,496 while the median value for Units is $512,915.
  • Houses have a median rent of $723 while Units have a median rent of $630.
There are currently 42 properties listed for sale, and 21 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 414 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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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.