98 Railway Place, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

98 Railway Place
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
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Last updated 22 Dec 2025
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Property Details for 98 Railway Pl, West Melbourne

98 Railway Pl, West Melbourne is a 3 bedroom, 3 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Melbourne

Last Listing description (May 2021)

Showcasing a one of a kind tri-level design, elegance and modern class throughout, multiple alfresco spaces, and unbelievable views including the iconic CBD, this 3 bedroom, 3 bathroom residence is utterly breathtaking!

It is rare to find a West Melbourne property that offers this much versatility, which is further matched by high end fixtures and brilliant attention to detail throughout. A ground level promises a fully self-contained studio which includes striking concrete floors, sizeable living with kitchen, bedroom, stylish bathroom with laundry, and relaxed courtyard. The amazing space will be perfect for guests or as a teenagers retreat or even extra Airbnb income.


The very top floor is home to the relaxed central lounge and dining zone which promises high angled ceilings and sublime timber flooring. This space has the addition of an elevated casual meals area which adjoins the sumptuous and practical kitchen fitted with marble benchtops and Gaggenau appliances. From this level you further have access out to a wonderful balcony terrace and deck, which gives you an idyllic space to entertain in summer. This outdoor area offers dazzling views including the iconic city and sunsets to the west.

The first floor just below is where you can enjoy 2 more bedrooms, which includes the sensational master bedroom which has walk-through robes, gorgeous spa ensuite, and private entertainers balcony deck. Other property features include formal dining room or office just off the master bedroom, chic bathroom with European laundry, electric shutters, hydronic heating, reverse cycle cooling, secure intercom, and a double garage. The property also comes from designer Nicholas Murray.

Moments to an array of terrific North Melbourne cafes and shops including the popular Auction Rooms, Marvel Stadium for footy lovers, Flagstaff Gardens, Queen Victoria Market, fantastic Docklands attractions including riverside restaurants, and North Melbourne Station.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 98 Railway Pl, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 19 Apr 2021
    Listed for Sale $1,600,000 - $1,700,000
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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 8,466 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, 381 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.