LEVEL 2/55 Walsh Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 2/55 Walsh Street
West Melbourne VIC 3003

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 2080m2
Land area: 216m2
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Property Details for Level 2/55 Walsh St, West Melbourne

Building Type
Commercial
Floor Size
2080m2
Land Size
216m2
Local Government
Melbourne
Lot/Plan
1/TP959322

Last Listing description (November 2020)

CVA Property Consultants are pleased to offer 55 Walsh Street, West Melbourne for lease.

Having recently undergone a thorough refurbishment, the three level building offers a range of tenancy areas and secure on-site basement parking.


Key building features include;

- Suite areas from 126m2* - 320m2*
- 23 basement car spaces
- Fully refurbished
- Air-conditioning/ heating throughout
- Long lease terms available

This premier location is minutes from the heart of Melbourne's CBD and provides direct access to King Street, Flagstaff Gardens and is within close proximity to Queen Victoria Market, Flagstaff Train Station, William Street, Victoria Street, Citylink and the Westgate Freeway.

For further information please contact CVA Property Consultants.

Property History for Level 2/55 Walsh St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$6,800,000
11 Dec 2015
Listed for Rent
23 Nov 2020
  • 12 Aug 2019
    Listed for Rent $75,000 / year
  • 05 Jun 2019
    Listed for Rent $68,175 / year
  • 05 Mar 2019
    Listed for Rent - Price not available
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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 8,470 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.68% decrease in median value, while Units have seen a -1.84% decrease. As at 31 December 2025:

  • The median value for Houses in West Melbourne is $1,342,812 while the median value for Units is $507,741.
  • Houses have a median rent of $630 while Units have a median rent of $610.
There are currently 36 properties listed for sale, and 25 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 375 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.