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

Location
Market Insights for West Melbourne VIC 3003
New Listings (last 30 days)
14
Average price
$603,536
Lowest price
$250,000
Highest price
$900,000
Other properties in this postcode

308, 493 Victoria street, West Melbourne VIC 3003

Listed: 19 days ago
Overview

Perched on the top (3rd) floor, this well-located 2-bedroom, 1-bathroom apartment in West Melbourne provides a combination of comfort, convenience and a modern lifestyle.

Its spacious living and dining area seamlessly connects to a generously sized north-facing balcony, allowing natural sunlight to flood the home and offering an inviting space for relaxation or casual entertaining. The apartment is equipped with a powerful reverse cycle heating and cooling system ensuring a comfortable environment year-round.

The kitchen is thoughtfully designed with stone benches, a modern induction cooktop, stainless steel appliances and ample storage cupboards, offering a pleasant and practical space for cooking enthusiasts.

  • The bathroom includes a separate shower and bathtub alongside laundry facilities, enhancing ease and privacy in daily routines.
  • A separate powder room further adds convenience and privacy for occupants and visitors.
  • Both bedrooms feature built-in robes and shelf space, located away from the traffic noise to ensure restful nights.
  • Floorboards throughout the apartment, including bedrooms, not only add to the aesthetic but simplify cleaning and maintenance.

Additional benefits include fresh internal paintwork, a built-in study bench, security intercom entrance, and access to Victoria Street car parking with council permits available. There is also a storage box for extra space, Fiber to the Building (FTTB) NBN connection for high-speed internet, and the property has recently undergone combustible cladding replacement works, which may offer future cost savings.

Situated within walking distance to key amenities such as North Melbourne and Arden train stations, the route 57 tram, Errol Street precinct, Queen Victoria Market and the CBD, it appeals to professionals, couples, and those seeking convenience without sacrificing space and comfort.

Local Market Insights

In West Melbourne, Quiet Listings observed 14 new apartments entering the market over the last 30 days, down from 23 during the previous 30-day period, with an average advertised asking price of $603,536. The property type mix of listed properties is predominantly Apartments at 74%, followed by commercial properties (21%), and houses (5%). The most active agency for apartments in the West Melbourne area is currently Melbournian Property Group, representing 14% of new listings, followed by Belle Property with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.