GROUND FLOOR/451 King Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

GROUND FLOOR/451 King Street
West Melbourne VIC 3003

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 262m2
Land area: 124m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for Ground Floor/451 King St, West Melbourne

Ground Floor/451 King St, West Melbourne is a 5 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 1998. The property has a land size of 124m2 and floor size of 262m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Townhouse
Year Built
1998
Floor Size
262m2
Land Size
124m2
Local Government
Melbourne
Lot/Plan
5/PS409764

Last Listing description (September 2021)

*WALK THROUGH VIDEO AVAILABLE. PLEASE CONTACT ME TO SEND IT THROUGH TO YOU.

Please register before coming to inspect this property.


This exclusive townhouse has now come to market. With three levels of living zones, overlooking Flagstaff Gardens, this ultimate opportunity to balance personal and professional priorities under one roof is now available.

The first floor can have multiple uses, which adds some great advantages and value to the new owner of this property. Apart from it being another living and bedroom zone it presents the opportunity to be closed off to the rest of the home and made into a fully self-contained work/office space. This residence has access from both King Street and Flagstaff Lane from which you can easily access your private and secure two-car garage.

The top level, featuring a four metre vaulted ceiling, caters for open plan living/dining, which opens out to a sunny spacious terrace creating an extra space for further entertainment with spectacular city and Flagstaff Gardens views. Also located on this level is the superb main bedroom alongside a full-size Walk-in dressing room and a large ensuite with spa-bath.

Additional accommodation includes 4 double sized bedrooms , BIRs and 3 conveniently located bathrooms throughout the home. The huge 4th basement bedroom is also self-contained with en suite and kitchenette.

This rare gem is a golden opportunity for the discerning buyer if you are looking to be centrally located. It is suitable for any profession including, Doctors, Architects, Import and Export companies, media industries and more. Located within immediate walking distance of Queen Victoria Market, Haileybury College City Campus, and one kilometer away from the new Docklands Primary School, this townhouse is also the idyllic home for a young and growing family.

With the shopping, dining, theatre and recreational offerings of the CBD and surrounding parklands on your doorstep; Southgate, Docklands and Marvel Stadium within easy walking distance; Flagstaff, North Melbourne and Southern Cross railway stations in very close proximity; tram and bus routes spanning out in every direction; all the best that Melbourne and regional Victoria has to offer is within very easy reach.

This surprising light filled residence has much more to offer than you might expect from the exterior street view. The internal structure of this home's living and sleeping zones are outstanding. With little work to do this home is ready for you to move straight in or renovate to your own personal taste.

I look forward to meeting you at the open home to explore this opportunity a little further.

Features include:
-5 large bedrooms
-4 bathrooms
-approx. 360 sqm
-Secured Double Garage Parking
-Open plan living/dining
-Main kitchen
-2 kitchenettes
-Entertainers terrace
-Basement level self contained
-Front of home can be used as a self contained office/consultancy/residence zone.
-Walking distance to Melbourne CBD, Queen Vic. Market, Haileybury College City Campus, -North Melbourne's historic Errol Street strip shopping centre
-A short walk to Flagstaff Station (city loop trains) and La Trobe and William St. tram routes

Property History for Ground Floor/451 King St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,900,000
20 Aug 2021
  • 20 Aug 2021
    Sold for $1,900,000
  • 28 Jul 2021
    Listed for Sale Expressions of Interest ends on August 25th at 5pm
  • 01 Jun 1998
    Sold for $590,000
Commute Calculator

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, 380 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

Market Insights
West Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
West Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.