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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
$601,750
Lowest price
$250,000
Highest price
$900,000
Other properties in this postcode

306/53 Batman Street, West Melbourne VIC 3003

$290,000 To $310,000

Listed: 6 days ago
Updated: 3 hours ago
Overview

This well-appointed one-bedroom apartment offers an efficient lifestyle with low-maintenance living in the heart of West Melbourne. The compact 32 square meter interior is thoughtfully designed to maximize every inch of space, providing a comfortable and functional city dwelling.

The open-plan living area seamlessly connects to a private balcony, creating an inviting spot for morning coffee or relaxing moments with views of surrounding leafy treetops and heritage rooftops, enhancing the sense of calm in an urban setting. Natural light filters throughout, highlighting the clever layout which is easy to furnish.

  • The kitchen is both compact and practical, featuring stone-look benchtops, a mirrored splashback, an electric cooktop, and a handy microwave recess. Storage is ample with a pantry and space allocated for a fridge.
  • The bedroom benefits from generous built-in storage, including overhead cupboards and wardrobes that frame the bed, efficiently preserving floor space. A sliding door offers flexibility and privacy.
  • The bright ensuite bathroom is finished with a frameless glass shower and a wide vanity topped with a large mirror, maintaining a fresh, clean atmosphere.

The apartment caters perfectly to professionals or investors seeking an easy-care residence in a highly convenient location. Flagstaff Gardens, with its tennis courts and green space, lies just at the end of the street, adding recreational value. Close proximity to everyday essentials includes ALDI and Queen Victoria Market for groceries and fresh produce, supported by diverse dining options like Taiwan Village and Mansae Korean BBQ nearby.

Connectivity is excellent with Flagstaff Station and multiple tram stops within walking distance, plus Southern Cross Station a short trip away providing regional and interstate access.

Additional features include air conditioning, carpeted living and bedroom areas, and integrated downlighting throughout, offering a comfortable and stylish urban home.

  • Annual outgoings include council rates ($820), water rates ($700), and owners corporation fees ($3,700), typical for a well-maintained inner-city apartment.
  • Estimated rental income is approximately $500 per week, indicating potential for investors.
Local Market Insights

In West Melbourne, Quiet Listings observed 14 new apartments entering the market over the last 30 days, down from 21 during the previous 30-day period, with an average advertised asking price of $601,750. The property type mix of listed properties is predominantly Apartments at 70%, followed by commercial properties (25%), 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.