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 › Adderley St
3
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
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.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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 WHITEFOX Real EstateTHE DEAL
Unmatched Scale. Unbeatable Location. Unapologetically Impressive.
Commanding a prime position high on Adderley Street, this double-storey Victorian terrace delivers serious presence and even more substance. Fully renovated and architecturally reworked, it outperforms across every measure - design, quality, layout, and location.
A classic 1900s façade with iron lacework and head-turning symmetry sets the tone. Elevated from the street with a secure, stately frontage, this isn’t your standard terrace. Inside, the wide arched hallway, original timber floors, and soaring ceilings immediately establish volume and finish. The first room off the hall is flexible - bedroom, guest room, or home office. Beyond, a generous living zone flows into a separate yet visually connected dining space. Northern light pours through French doors leading to a private, decked courtyard - sun-drenched and superbly functional.
Step down into the kitchen and you’ll find clean lines, Carrara marble benchtops, 2-pack cabinetry, and a layout designed for ease. At the rear, both bathroom and laundry are sharply finished and thoughtfully arranged. Outside, the space delivers width and versatility, with rear access off-street parking, built-in storage, and a 10-metre lattice wall ready for vines. It’s a low-maintenance setting with no wasted space.
Upstairs, the landing offers storage or a study nook and leads to a bright second bedroom at the back. Then comes the master - arguably one of the best-designed suites in any period home this close to the CBD. Oversized, north-facing, and custom-fitted with an upholstered wardrobe wall, it opens to a private terrace and includes a full Carrara marble ensuite with double shower, twin mirrors, and standout proportions. It’s a statement.
As for location, West Melbourne is still one of the city’s best-kept secrets. Zoned for University High and walking distance to Haileybury. One minute to North Melbourne Station. Five to Southern Cross. Ten to the CBD on foot. Queen Victoria Market, Errol Street, Marvel Stadium, and Festival Hall are all nearby. Your locals? Roasting Warehouse, 279, and Misty Pot - with Woolworths, fitness studios, and wellness options just around the corner.
More than a renovation, this is a complete rethink with hydronic heating, split-system cooling, custom finishes, and a master suite built from scratch.
Available alone or with 193 Adderley - unlocking the option for a rare double-site opportunity and landmark architectural plans are available - ready for council submission following initial pre-application consultations. A serious head start for those ready to move.
SEALS THE DEAL
The closest freehold to the CBD with a master suite that eclipses most new builds. 191 Adderley isn’t just rare - it sets the benchmark.
Listing description written by Michael Torcasio, WHITEFOX Real Estate — reproduced as published, not verified by Districts.
Victoria 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.