Profile for West Melbourne

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West Melbourne is a sprawling region with the Yarra River forming part of its southern border. The west section of West Melbourne is mostly devoted to railway lines, container yards, shipping docks, and industrial, warehouse and wholesale activities. The east is mainly residential. West Melbourne's residential area is a dynamic mix of old and new housing, community facilities, retail and industry. Parts of this area including the streetscapes and buildings have recognised heritage value. West Melbourne's industrial area has access to the airport, the wider metropolitan region, the Victorian road network and the Port of Melbourne via Dynon and Footscray roads and the Dynon Rail Terminal. The area is home to Coode Island petrochemical facility and Swanston and Appleton docks.

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Recent Sales & Auction Results in West Melbourne

Address Price Type Method Sale Date Agent
Property List
9/22 Dudley St, West melbourne 3 Unit Auction Sale 02/12/2021 Jellis Craig
108/89 Roden St, West melbourne 2 Apartment Sold Before Auction 24/11/2021 W B Simpson & Son
808/58 Jeffcott St, West melbourne 2 Apartment Private Sale 07/11/2021 MICM Real Estate
101/89 Roden St, West melbourne 2 Unit Passed in at Auction 02/12/2021 Jellis Craig

Median data for September Quarter 2021. Click here for details.

Median Sale Price

$1.23mil

Metro Melbourne

$1mil

Annual Price Change

-17.8%

Metro Melbourne

13.8%

Median Rent

$640

Metro Melbourne

$480

Rental Yield

2.7%

Metro Melbourne

2.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 89.1%
Days on Market 68.5 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $1,000,000
3 Bedrooms n/a $871,500
4 Bedrooms n/a $1,085,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $460 $500
3 Bedrooms $700 $450
4 Bedrooms n/a $500

Median data for September Quarter 2021. Click here for details.

Median Sale Price

$481k

Metro Melbourne

$681k

Quarterly Price Change

-26%

Metro Melbourne

0.4%

Median Rent

$350

Metro Melbourne

$400

Rental Yield

3%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 89.1%
Days on Market 68.5 42
Median price by Bedrooms Suburb Metro
1 Bedroom $341,500 $395,000
2 Bedrooms $625,000 $615,000
3 Bedrooms $965,000 $845,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $320 $325
2 Bedrooms $400 $410
3 Bedrooms n/a $520

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