581 King StreetWest Melbourne VIC 3003
Property Details for 581 King St, West Melbourne
581 King St, West Melbourne is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1880. The property has a land size of 179m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 4 bedroom Unit sold in West Melbourne in the last 12 months.
Last Listing description (November 2025)
BURNSIDE HOUSE in a prime corner position adjacent to the new Roden Street reserve, this grand balconied terrace combines Victorian splendour and contemporary flair to deliver an inner-city lifestyle of family proportions.
The homes eternally attractive facade makes way for a surprisingly spacious interior filled with natural light boasting four large bedrooms (extra-large upstairs main) all complemented by two full bathrooms one on each level.
Floorplan flexibility is further underscored by the inclusion of an elegant front lounge and open family/meals area to the rear adjoined by a stone-top kitchen complete with breakfast bench, dishwasher and soft-close cabinetry.
Towering ceilings and solid timber floors add the allure, along with ducted heating, split-system air conditioning, marble-mantle fireplaces and under-stair storeroom, plus a private backyard with extensive paving, external laundry and secure off-street parking space.
Footsteps to Victoria Street trams and the buzz of Errol Street with its popular cafes, bars and shops, its also close to local schools (University HS zone), Eades Park and North Melbourne Station, along with hospital/uni precincts and iconic Queen Victoria Market.
Property History for 581 King St, West Melbourne, VIC 3003
- 25 Nov 2025Sold for $2,095,000
- 29 Sep 2025Listed for Sale Not Disclosed
- 25 May 2023Listed for Rent $1,050 / week
Recent sales nearby
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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.
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