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