More Recent Sold in West Melbourne
| Address | Sold Date | Price |
|---|
| 125 Stanley Street, West Melbourne VIC | Feb 2021 | $1,110,000 |
| 10/24 Ireland Street, West Melbourne VIC | Feb 2021 | $743,000 |
| 809/9 Dryburgh Street, West Melbourne VIC | Feb 2021 | $600,000 |
| 10/18 Dudley Street, West Melbourne VIC | Jan 2021 | $1,605,000 |
| 30/50 Rosslyn Street, West Melbourne VIC | Jan 2021 | $400,000 |
More Recent Rent in West Melbourne
Rent Yield in West Melbourne
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|
| ALL |
| 1 | $422,985 | $365 | 4.49% | $395,000 | $360 | 4.74% | 473 |
| 2 | $601,435 | $463 | 4.00% | $550,000 | $450 | 4.25% | 636 |
| 3 | $1,074,419 | $700 | 3.39% | $1,020,000 | $690 | 3.52% | 130 |
| 4 | $1,357,500 | $885 | 3.39% | $1,322,500 | $887 | 3.49% | 16 |
| 5 | - | $833 | - | - | $750 | - | 3 |
| 7 | - | $1,350 | - | - | $1,350 | - | 1 |
| House |
| 1 | $895,000 | $355 | 2.06% | $895,000 | $350 | 2.03% | 6 |
| 2 | $1,352,500 | $497 | 1.91% | $1,352,500 | $480 | 1.85% | 25 |
| 3 | $1,141,667 | $737 | 3.36% | $1,125,000 | $690 | 3.19% | 26 |
| 4 | $1,466,667 | $912 | 3.23% | $1,350,000 | $900 | 3.47% | 9 |
| 5 | - | $1,000 | - | - | $1,000 | - | 1 |
| 7 | - | $1,350 | - | - | $1,350 | - | 1 |
| Unit/apmt |
| 1 | $378,651 | $364 | 5.00% | $377,500 | $360 | 4.96% | 403 |
| 2 | $544,132 | $461 | 4.41% | $547,475 | $450 | 4.27% | 496 |
| 3 | $965,625 | $668 | 3.60% | $1,025,000 | $650 | 3.30% | 62 |
| 4 | $800,000 | $830 | 5.40% | $800,000 | $830 | 5.40% | 3 |
| Townhouse |
| 1 | $596,200 | - | - | $596,200 | - | - | 1 |
| 2 | $951,250 | $521 | 2.85% | $1,005,000 | $520 | 2.69% | 9 |
| 3 | $1,235,000 | $805 | 3.39% | $1,135,000 | $750 | 3.44% | 19 |
| 4 | $1,650,000 | $875 | 2.76% | $1,650,000 | $875 | 2.76% | 2 |
| 5 | - | $750 | - | - | $750 | - | 1 |
| Apartment |
| 1 | - | $430 | - | - | $430 | - | 1 |
| 2 | $538,888 | $408 | 3.94% | $538,888 | $425 | 4.10% | 5 |
| 3 | $375,000 | - | - | $375,000 | - | - | 1 |
| Other |
| 1 | $478,750 | $345 | 3.75% | $475,000 | $350 | 3.83% | 25 |
| 2 | $640,000 | $443 | 3.60% | $640,000 | $430 | 3.49% | 32 |
| 3 | $2,125,000 | $645 | 1.58% | $2,125,000 | $645 | 1.58% | 3 |
| Unknown |
| 1 | $604,000 | $382 | 3.29% | $470,000 | $383 | 4.24% | 37 |
| 2 | $656,500 | $472 | 3.74% | $570,000 | $475 | 4.33% | 69 |
| 3 | $1,020,583 | $639 | 3.26% | $992,000 | $620 | 3.25% | 19 |
| 4 | $1,295,000 | $850 | 3.41% | $1,295,000 | $850 | 3.41% | 2 |
| 5 | - | $750 | - | - | $750 | - | 1 |
Schools in West Melbourne
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 |
Note: West Melbourne belongs to city Melbourne. Crime rate means the number crimes per 100,000 population.
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% |
Supply Demand History in West Melbourne
| Month | Supply | Demand |
|---|
| 2015 Apr | 61 | 4094 |
| 2015 May | 70 | 4802 |
| 2015 Jun | 73 | 4252 |
| 2015 Jul | 76 | 4099 |
| 2015 Aug | 77 | 3569 |
| 2015 Sep | 80 | 3756 |
| 2015 Oct | 77 | 2934 |
| 2015 Nov | 81 | 2743 |
| 2015 Dec | 80 | 2502 |
| 2016 Jan | 86 | 2962 |
| 2016 Feb | 94 | 2950 |
| 2016 Mar | 103 | 4160 |
| 2016 Apr | 99 | 3905 |
Based on Australian Bureau of Statistics data
