9 Howard StreetWest Melbourne VIC 3003
Property Details for 9 Howard St, West Melbourne
Last Listing description (May 2022)
Situated in this converted historic West Melbourne warehouse on the cusp of the CBD, walking distance to Errol Street shops, tram, train, Flagstaff Gardens & Victoria Market is this almost new ground floor office of 105 sqm (approx) securely leased to a firm of architects until March 2025 with further options to renew. The office is fully carpeted, climate controlled, comprises a mixture of open plan and offices, kitchen and its own toilet with shower. The office includes 3 car spaces in the multi car stacker which are included on title. Currently returning $33,000 per annum plus GST and outgoings. A perfect first commercial investment or excellent choice for your SMSF. Inspect by Appointment.
Property History for 9 Howard St, West Melbourne, VIC 3003
- 29 Mar 2022Sold for $775,000
- 01 Mar 2022Listed for Sale $750,000 - $775,000
- 06 Jun 2020Listed for Rent $35,000 / year
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0About 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 -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:
- The median value for Houses in West Melbourne is $1,253,332 while the median value for Units is $518,305.
- Houses have a median rent of $755 while Units have a median rent of $620.
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