557 King Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

557 King Street
West Melbourne VIC 3003

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 144m2
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Property Details for 557 King St, West Melbourne

557 King St, West Melbourne is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1890. The property has a land size of 144m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in April 1998.

Building Type
House
Year Built
1890
Floor Size
148m2
Land Size
144m2
Local Government
Melbourne
Lot/Plan
2/PS340810

Last Listing description (September 2025)

With walking distance to the CBD and Errol Street shops, cafes and restaurants is this renovated two-story Victorian house.

This accommodation features a flexible floor plan of 3-4 bedrooms plus study, enormous first floor living room or this can be a fourth bedroom, great sized kitchen/meals area with modern high-quality appliances, Caesar stone bench tops and ample storage space. The house features split system heating & cooling throughout, built in cupboards, two good sized bathrooms, lockable (remotely operated) 2 car carport and an outdoor undercover BBQ area.

Around the corner from Flagstaff Gardens, North Melbourne Railway Station, Docklands and Queen Victoria Market. Very close to all business and entertainment opportunities the city has to offer. Be quick this will not last long.

**If this property is of interest to you, please ensure that you register your interest by clicking on the 'Get in touch' button, so that you are kept up to date with inspections, price changes and similar properties that may be suitable. We assure you that your details remain confidential and are only used for the purpose of securing you a property. https://kayburton.com.au/privacy-policy **

Property History for 557 King St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$256,000
27 Apr 1998
Listed for Rent
$965/w
19 Aug 2025
  • 24 Jul 2025
    Listed for Rent $965 / week
  • 11 Apr 2023
    Listed for Rent $900 / week
  • 26 Feb 2021
    Listed for Rent $900 / 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, 382 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.