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Unit 310,
112 ADDERLEY STREET West Melbourne VIC 3003

This property is Off Market

All about West Melbourne Homes for sale in West Melbourne

  • The Average property price in this area is $1,066,740, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.68 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Professionals UNIT 909, 5 WOMINJEKA WALK, $900,000-$989,000 3 Beds - 2 Baths - 2 Parking Within 0.1 km Belle Property 183-185 STANLEY ST, $1,800,000 - $1,980,000 Beds - Baths - Parking Within 0.2 km Professionals LEVEL 14, UNIT 1403, 105 BATMAN ST, $610,000-$640,000 MUST SELL 2 Beds - 2 Baths - 1 Parking Within 0.2 km Ray White UNIT 2216, 65 DUDLEY ST, 520000 2 Beds - 2 Baths - 1 Parking Within 0.2 km Harcourts UNIT 1611, EAST TOWER, 393 SPENCER ST, Sale On Hold 2 Beds - 2 Baths - 1 Parking Within 0.2 km Ray White LEVEL 5, UNIT 507, 393 SPENCER ST, 410000 1 Beds - 1 Baths - 1 Parking Within 0.2 km Nelson Alexander 205-207 STANLEY ST, Private Sale $2,300,000 4 Beds - 3 Baths - 2 Parking Within 0.2 km Ray White UNIT 113, 140 DUDLEY ST, 330000 1 Beds - 1 Baths - 0 Parking Within 0.2 km Harcourts UNIT 1102, 392 SPENCER ST, $408,000 to $448,800 1 Beds - 1 Baths - 1 Parking Within 0.3 km Belle Property LEVEL 2, UNIT 218, 121 ROSSLYN ST, $1,850,000 - $1,950,000 3 Beds - 2 Baths - 2 Parking Within 0.3 km Ray White UNIT 514, 121 ROSSLYN ST, 800000 3 Beds - 2 Baths - 2 Parking Within 0.3 km Ray White UNIT 206, 53 BATMAN ST, 250000 1 Beds - 1 Baths - 0 Parking Within 0.3 km Nelson Alexander UNIT L1, 109 HAWKE ST, Auction $950,000 - $1,000,000 3 Beds - 1 Baths - 4 Parking Within 0.3 km Harcourts UNIT 102, 107 HAWKE ST, Contact Agent 2 Beds - 1 Baths - 1 Parking Within 0.3 km Belle Property UNIT 405, 89 RODEN ST, $380,000 - $410,000 1 Beds - 1 Baths - 1 Parking Within 0.3 km Nelson Alexander UNIT 1, 225-227 ADDERLEY ST, Auction $1,450,000 - $1,550,000 4 Beds - 2 Baths - 2 Parking Within 0.4 km Nelson Alexander 4-6 PHOENIX LANE, Private Sale - $2,300,000 2 Beds - 1 Baths - 1 Parking Within 0.5 km Belle Property UNIT 504, 2 HAWKE ST, $640,000 - $670,000 1 Beds - 1 Baths - 1 Parking Within 0.6 km

Recently Sold Properties in this Area

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About North Melbourne

With an average age of 32, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $430. The average family earns a weekly income of $3,158 with a typical household size of 1.9 and a 94.67% employment rate.

In West Melbourne there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in West Melbourne is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in West Melbourne changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in West Melbourne the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest

Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 1757 asthma sufferers and 684 people living with diabetes. In addition, 488 people have a heart/vascular condition and 1275 people live with three or more chronic diseases.

A good place to invest in property?

North Melbourne a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

66 / 100

52 / 100

Industry

52 / 100

17 / 100

Population

52 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

55 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

  • School Catchments
    University High School North Melbourne Primary School

  • Simonds Catholic College

    West Melbourne, VIC, 3003 Independent 7-12

  • University High School

    Parkville, VIC, 3052 State 7-12

  • St Michael's School

    North Melbourne, VIC, 3051 Independent Prep-6

  • St Joseph's Flexible Learning Centre

    North Melbourne, VIC, 3051 Independent 7-12

  • North Melbourne Primary School

    North Melbourne, VIC, 3051 State Prep-6

  • River Nile School

    North Melbourne, VIC, 3051 Independent 11-12

Property Story

Unit 310, 112 Adderley Street, West Melbourne, Vic, 3003 is a residential property . The estimated distance to the sea is only 0.68km and 0.61KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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