7/39-47 Peel St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 419m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
7/39-47 Peel Street, West Melbourne
Set against a backdrop of dazzling city views, this meticulously presented two-bedroom apartment offers a lifestyle of inner-city convenience. Nestled in the heart of the iconic Queen Victorian Market precinct and bordered by Errol Street?s mecca for restaurants, bars and live music, lifestyle lovers will also delight in the lush surrounds of Flagstaff Gardens and Royal Park just a mere minute stroll away. Featuring light, bright and flexible living-dining zones with heating/cooling and cleverly incorporated study nook, house-sized kitchen with enormous bench space, gas cooktop, dishwasher, modern appliances and storage a-plenty. Outside, soak up the inner-city energy on the entertainers balcony, where hot air balloons pepper the sky by day and towers light up by night. Two bedrooms - both with carpet, mirrored robes and heating - and spacious bathroom with bath and shower, separate toilet, discreet European laundry.
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 8,465 properties. Over the last 5 years, Houses in West Melbourne have seen a -19.99% decrease in median value, while Units have seen a -5.28% decrease. As at 31 May 2026:
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