West Melbourne, VIC 3003 (1.21 km to CBD)
Closest Train Station: Flagstaff Station 0.57 km
Surrounding Suburbs: Spotswood 3015 Footscray 3011 Yarraville 3013 Docklands 3008 Kensington 3031 Melbourne 3000 North Melbourne 3051 Port Melbourne 3207
Selected Demographics of West Melbourne
- $1,280,000 Median House Price
- $552,250 Median Unit Price
- 2986 Number of House
- 3466 Number of Unit
- 2787 Number of People
- 30 Median Age
- 2.2 Median Household Size
- $450 Weekly Rent
- $798 Weekly Individual Income
- $2,002 Weekly Family Income
- $1,700 Weekly Household Income
Suburb Location
More Recent Sold in West Melbourne
| Address | Sold Date | Price |
|---|---|---|
| 512/105 Batman Street, West Melbourne VIC | 24 Apr 2024 | $640,000 |
| 708/5 Wominjeka Walk, West Melbourne VIC | 18 Apr 2024 | $570,000 |
| 105/392 Spencer Street, West Melbourne VIC | 17 Apr 2024 | $575,000 |
| 123/33 Jeffcott Street, West Melbourne VIC | 17 Apr 2024 | $850,300 |
| 404/107 Hawke Street, West Melbourne Vic | 16 Apr 2024 | $589,000 |
More Recent Rent in West Melbourne
| Address | Rent Date | Price |
|---|---|---|
| 8/28 Ireland Street, West Melbourne VIC | 28 Mar 2024 | $1,000 |
| 587 King Street, West Melbourne VIC | 28 Mar 2024 | $850 |
| 410/10 Wominjeka Walk, West Melbourne VIC | 28 Mar 2024 | $550 |
| 314/58 Jeffcott Street, West Melbourne VIC | 27 Mar 2024 | $530 |
| 1907/65 Dudley Street, West Melbourne VIC | 26 Mar 2024 | $550 |
Rent Yield in West Melbourne
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $388,530 | $514 | 6.88% | $400,000 | $510 | 6.63% | 144 |
| 2 | $576,088 | $664 | 5.99% | $550,000 | $650 | 6.15% | 164 |
| 3 | $1,197,273 | $925 | 4.02% | $1,100,000 | $895 | 4.23% | 42 |
| 4 | $1,430,000 | $1,090 | 3.96% | $1,500,000 | $1,000 | 3.47% | 11 |
| House | |||||||
| 1 | - | $550 | - | - | $550 | - | 1 |
| 2 | $694,333 | $558 | 4.18% | $751,000 | $595 | 4.12% | 6 |
| 3 | - | $884 | - | - | $868 | - | 4 |
| 4 | $1,500,000 | $970 | 3.36% | $1,500,000 | $970 | 3.36% | 3 |
| Unit/apmt | |||||||
| 1 | $377,969 | $506 | 6.96% | $380,000 | $500 | 6.84% | 100 |
| 2 | $573,560 | $670 | 6.07% | $550,000 | $650 | 6.15% | 92 |
| 3 | $1,187,500 | $923 | 4.04% | $1,147,500 | $875 | 3.97% | 14 |
| 4 | - | $1,000 | - | - | $1,000 | - | 1 |
| Townhouse | |||||||
| 2 | $950,000 | $825 | 4.52% | $950,000 | $825 | 4.52% | 2 |
| 3 | $1,050,000 | $875 | 4.33% | $1,050,000 | $875 | 4.33% | 3 |
| Apartment | |||||||
| 1 | - | $485 | - | - | $485 | - | 2 |
| 2 | $538,888 | $560 | 5.40% | $538,888 | $650 | 6.27% | 5 |
| Other | |||||||
| 1 | $420,000 | $500 | 6.19% | $420,000 | $500 | 6.19% | 2 |
| 2 | $557,500 | - | - | $557,500 | - | - | 2 |
| 3 | $525,000 | - | - | $525,000 | - | - | 1 |
| Unknown | |||||||
| 1 | $402,281 | $540 | 6.98% | $404,000 | $530 | 6.82% | 39 |
| 2 | $549,714 | $665 | 6.29% | $535,000 | $688 | 6.69% | 57 |
| 3 | $1,369,000 | $945 | 3.59% | $1,395,000 | $895 | 3.34% | 20 |
| 4 | $1,412,500 | $1,200 | 4.42% | $1,475,000 | $1,200 | 4.23% | 7 |
Schools in West Melbourne
| School Name | School Sector | School Type |
|---|---|---|
| Simonds Catholic College | Non-government | Secondary |
Leading Agents (Sale)
| Agent Name | Percentage |
|---|---|
| Hocking Stuart - (Melbourne) Pty Ltd | 15% |
| WB Simpson & Son - North Melbourne | 10% |
| MICM Property - Southbank | 8% |
| Nelson Alexander Real Estate - Carlton North | 7% |
| Marston & Cook - Flemington | 7% |
| Woodards Northern - Carlton | 4% |
| Jellis Craig - Kensington | 4% |
| Property X - Melbourne | 3% |
| Greg Hocking City Residential - Melbourne | 3% |
| Ray White - Ascot Vale | 3% |
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| National Property Management - Melbourne | 16% |
| MICM Property - Southbank | 13% |
| WB Simpson & Son - North Melbourne | 6% |
| Hocking Stuart - (Melbourne) Pty Ltd | 4% |
| Marston & Cook - Flemington | 3% |
| Melbourne Boutique Property - Melbourne | 2% |
| Burtons Pty Ltd - South Yarra | 2% |
| Woodards Northern - Carlton North | 2% |
| Property X - Melbourne | 1% |
| LJ Hooker City Residential - Melbourne | 1% |
Crime Rate of Melbourne
| Crime Type | Rate of MELBOURNE | Rate of VIC |
| Crime Against Property | 17,493 | 4,607 |
| Crime Against the Person | 3,456 | 940 |
| Drug Offences | 1,506 | 311 |
| Other Crime | 5,129 | 875 |
| Total | 27,584 | 6,733 |
Demographics of West Melbourne
| PopulationSize | West Melbourne | Melbourne |
| All People | 2787 | 3366613 |
| Country of Origin | West Melbourne | Melbourne |
| Australian Born | 60% | 65% |
| Born Overseas - Top 5 | West Melbourne | Melbourne |
| Malaysia | 5% | 1% |
| Indonesia | 5% | 0% |
| United Kingdom | 4% | 5% |
| China | 4% | 1% |
| New Zealand | 3% | 1% |
| Median household income | West Melbourne | Melbourne |
| Weekly income | $1,704 | $1,333 |
| Age Statistics | West Melbourne | Melbourne |
| 20 to 39 | 57% | 33% |
| 40 to 59 | 19% | 28% |
| 5 to 19 | 13% | 14% |
| 60+ | 7% | 17% |
| 0 to 4 | 4% | 7% |
| Family Statistics - Top 5 | West Melbourne | Melbourne |
| Never Married | 63% | 33% |
| Married | 26% | 51% |
| Divorced | 6% | 7% |
| Separated | 3% | 3% |
| Widowed | 2% | 6% |
| Religion - Top 5 | West Melbourne | Melbourne |
| No Religion | 31% | 19% |
| Catholic | 30% | 33% |
| Anglican | 11% | 16% |
| Buddhism | 11% | 4% |
| Uniting Church | 4% | 5% |
| Occupation - Top 5 | West Melbourne | Melbourne |
| Professionals | 14% | 8% |
| Intermediate Clerical/Sales/Service | 9% | 7% |
| Associate Professional | 6% | 5% |
| Elementary Clerical/Sales/Service | 4% | 4% |
| Managers and Administrators | 3% | 4% |
| Education - Top 5 | West Melbourne | Melbourne |
| Not Attending (Working) | 63% | 73% |
| University or other Tertiary Institution | 25% | 5% |
| Technical or Further Education | 4% | 3% |
| Secondary Education | 3% | 7% |
| Infants/Primary | 2% | 9% |
| Transport to Work - Top 5 | West Melbourne | Melbourne |
| Car (driver) | 16% | 28% |
| Walked | 10% | 1% |
| Ferry/tram | 3% | 1% |
| Train Only | 2% | 2% |
| Car (passenger) | 2% | 3% |
| Type of Dwelling - Top 3 | West Melbourne | Melbourne |
| Semi/Terrace | 60% | 8% |
| Flat | 21% | 14% |
| Separate house | 5% | 74% |
| Nature of Occupancy - Top 3 | West Melbourne | Melbourne |
| Rented | 47% | 24% |
| Fully Owned | 22% | 43% |
| Purchasing | 17% | 27% |
| Monthly Loan Repayment - Top 5 | West Melbourne | Melbourne |
| $1,000-$1,199 | 21% | 13% |
| $400-$599 | 21% | 16% |
| $600-$799 | 17% | 21% |
Based on Australian Bureau of Statistics data
