555 King Street, West Melbourne, VIC 3003 sold on 07 May 2025 | OnTheHouse
SOLD
Sold on 07 May 2025 for $1,430,000

555 King Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 143m2
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Property Details for 555 King St, West Melbourne

555 King St, West Melbourne is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 143m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in West Melbourne in the last 12 months.

Building Type
House
Land Size
143m2

Last Listing description (May 2025)

Constructed circa 1875, this substantial double story Victorian balcony terrace house is ideally located walking distance to Errol Street shops, North Melbourne Railway Station, Victoria Street Trams, Queen Victoria Market, Aldi Supermarket and Flagstaff Gardens. Offering a flexible floor plan comprising 3 bedrooms, huge first floor living room with access to the front balcony offering views over North Melbourne, bathrooms on both the ground and first floors, rear kitchen/meals area and small rear courtyard, perfect for entertaining on warm summer evenings. The house has been freshly painted and is ready to move into but offers the astute purchaser scope to enhance and remodel around the adaptable layout. Maintaining many of its Victorian features, including high ceilings, decorative fireplaces, cornices & ceiling roses, stained glass windows, iron lacework and polished timber floors. Featuring split system cooling and hydronic heating in most rooms, the home is completed with valuable off-street parking for 2 cars and is within the catchment zone of University High School.

Property History for 555 King St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,430,000
07 May 2025
Listed for Rent
$650/w
01 Sep 2022
  • 07 May 2025
    Sold for $1,430,000
  • 04 Apr 2025
    Listed for Sale $1,300,000 - $1,400,000
  • 14 Mar 2023
    Listed for Rent $650 / week
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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, 379 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Richard Simpson
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Tristian Jack
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W. B. Simpson & Son
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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.