West Melbourne at a glance
10,305
People
$1,030,000
Median sale
$643/wk
Median rent
3.25%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › West Melbourne › Ireland St
$1,155,000
Last sold
30 May 2026
2
Bedrooms
1
Bathrooms
1
Car spaces
165 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,155,000
30 May 2026 · derived via latest_sale
West Melbourne at a glance
10,305
People
$1,030,000
Median sale
$643/wk
Median rent
3.25%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs West Melbourne
+12.1%
Median sale
Suburb $1,030,000
-0.36 pp
Gross yield
Suburb 3.25%
Suburb median $1,030,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
SPECIAL USE ZONE - SCHEDULE 6
SUZ6
Jurisdiction
Melbourne
Melbourne, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned SPECIAL USE ZONE - SCHEDULE 6 · SUZ6 (ZN). Official parcel area about 165 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 32; HERITAGE OVERLAY (HO3); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 26. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $643/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
The listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 32; HERITAGE OVERLAY (HO3); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 26. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned SPECIAL USE ZONE - SCHEDULE 6 · SUZ6 (ZN). Official parcel area about 165 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 32; HERITAGE OVERLAY (HO3); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 26. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
West Melbourne at a glance
10,305
People
$1,030,000
Median sale
$643/wk
Median rent
3.25%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by WB Simpson & SonSet in one of West Melbourne’s most connected streetscapes, this charming brick Victorian cottage is well positioned in a tightly held city-fringe pocket just steps from North Melbourne Station, minutes to the CBD and within easy reach of Errol Street's vibrant cafes and restaurants. The home retains a wealth of original Victorian character, showcasing high ceilings, cast iron lacework, a tessellated tiled porch, decorative fireplaces, cornices and ceiling roses. Accommodation comprises two generous carpeted bedrooms, a central living room flowing through to an updated kitchen with gas cooking and a separate dining room or study. At the rear, a fully tiled bathroom features a shower over the bath and is complemented by an adjoining laundry. Ducted heating and cooling throughout, along with instantaneous gas hot water, ensure year‑round comfort. Step outside to a private, low-maintenance courtyard and enjoy the added benefit of secure off-street carparking. Additional highlights include sought‑after zoning for University High School, walking distance to Haileybury College, close proximity to Queen Victoria Market, Aldi, Docklands, Woolworths Metro directly across the road and easy access to CityLink and the new Westgate Tunnel. An ideal first home, city base or investment opportunity in a premium inner‑urban location—inspect today and experience the lifestyle convenience for yourself.
Listing description written by Richard Simpson, WB Simpson & Son — reproduced as published, not verified by Districts.