67-69 Capel StreetWest Melbourne VIC 3003
Property Details for 67-69 Capel St, West Melbourne
Last Listing description (October 2008)
Office/Warehouse of Development Opportunity
Situated one street away from the Victoria Market on the very fringe of the CBD is this single storey brick office/warehouse situated on 215 sqm (approx) of land. Featuring excellent rear access, the property is zoned mixed use and presents an opportunity to add value to the site in the form of a residential or commercial development (STCA) taking advantage of extensive city views. Then again it is also perfect for an investment or owner occupation. There is a short term tenancy to provide income if required. Inspect by Appointment.
Property History for 67-69 Capel St, West Melbourne, VIC 3003
- 16 Oct 2008Sold for $797,000
- 05 Sep 2008Listed for Sale Not Disclosed
- 14 Aug 2004Sold for $580,000
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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 8,463 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.67% decrease in median value, while Units have seen a -2.66% decrease. As at 28 February 2026:
- The median value for Houses in West Melbourne is $1,329,375 while the median value for Units is $513,214.
- Houses have a median rent of $640 while Units have a median rent of $620.
Suburb Insights for West Melbourne 3003
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