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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

302/493 Victoria Street
West Melbourne, VIC 3003

$500,000 - $550,000

2
Bed
1
Bath
1
Cars
Property Type: Apartment
Listed Date: 15th May 2026
Overview

302/493 Victoria Street, West Melbourne

Currently tenanted until the end of February 2027, this apartment offers a rental return of $2,390 per calendar month.

This two-bedroom apartment is perfectly positioned close to the centre of Melbourne, combining convenience, comfort, and style to create an ideal inner-city residence.

The design caters to modern living with a spacious living and dining area, complemented by a quality kitchen featuring stone benchtops and ample storage space. The sleek central bathroom serves the apartment efficiently.

Both bedrooms are equipped with mirrored robes, and the master bedroom includes direct access to the balcony, providing stunning views of the city skyline and sunsets.

  • Clever design maximising space
  • Prime lifestyle location on the city fringe
  • Balcony with city skyline outlook
  • Basement car parking with additional storage
  • Close proximity to North Melbourne Train Station

The apartment is light-filled and immaculately presented, featuring a built-in study area, a guest powder room, split system heating and cooling, intercom entry, and secure car parking.

It is ideally suited for immediate occupancy and is within walking distance to the vibrant Errol Street and the iconic Queen Victoria Market. This property holds exceptional appeal for both owner-occupiers and investors seeking a premium home with easy access to all amenities.

Location
302/493 Victoria Street
West Melbourne VIC 3003
Market Insights for West Melbourne VIC 3003
New Listings (last 30 days)
2
Average price
$1,845,000
Lowest price
$1,800,000
Highest price
$1,890,000
Other properties in this postcode
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599 King Street, West Melbourne VIC 3003
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605-609 King Street, West Melbourne VIC 3003
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605-609 King Street, West Melbourne VIC 3003

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.