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 › Batman St
$600,000–$630,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
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
Asking
$600,000–$630,000
Asking range
No recorded sale for this property.
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
-41.7%
Median sale
Suburb $1,030,000
+2.32 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.
Based on the low end of the asking range, not a contract price.
$36,278 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with West Melbourne's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 5.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
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?
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.
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 Ray White TruganinaPlease note- When you arrive during the open home times, press 308# on the intercom for access, then head up to the 3rd Floor via the elevator.
If you need assistance, feel free to call the agent.
Step into the ultimate city lifestyle with this loft-inspired, two-bedroom, two-level apartment - a modern sanctuary perfectly attuned to Melbourne's vibrant urban rhythm. Positioned just moments from Flagstaff Gardens, Queen Victoria Market, Southern Cross railway station, and the buzzing Docklands precinct, this residence offers a lifestyle of unmatched convenience. From weekend shopping at Spencer Street Outlet to morning coffee runs and fresh produce at the market, everything you need is literally at your doorstep - including Coles, Aldi, and a well-stocked Asian grocery just next door. With the Free Tram Zone only 100 m away, the best of Melbourne is effortlessly within reach.
Set on the third floor of the prestigious Melbourne Village complex, the apartment opens into a light-filled living and dining area framed by full-height glass and a sleek contemporary kitchen appointed with stone benchtops, a premium Miele oven and cooktop, plus an integrated Bosch dishwasher. Step out onto the oversized terrace and soak in panoramic views of Marvel Stadium, the Docklands skyline, and glittering city lights - a perfect setting for morning coffees, sunset drinks, or effortless entertaining.
What truly sets this property apart is its protected outlook. With surrounding heritage-listed buildings and strict no-build height zones in place, you can enjoy your sweeping city views with confidence they'll remain uninterrupted well into the future.
Downstairs, two generous bedrooms provide the perfect retreat, each with mirrored built-in robes and serviced by a luxurious central bathroom, rainfall and hand-held shower fittings, and sleek modern finishes. Both bedrooms enjoy peaceful separation from the living zones above, offering privacy and flexibility for couples, professionals, or investors.
Additional highlights include secure same-level car parking, a storage cage, European laundry, double glazing, split-system heating and cooling, day/night roller blinds, textured curtains, elegant timber flooring, and soft recessed lighting throughout.
Residents of Melbourne Village enjoy exclusive access to five-star amenities including:
• A heated indoor swimming pool and fully equipped gym
• Wellness room, cinema, and library
• Lush central garden with BBQ and outdoor entertainment areas
• Stylish residents' lounges
• 24-hour concierge and secure intercom entry
A rare combination of sophisticated design, unbeatable location, and resort-style living, this apartment is the ultimate city retreat - perfect for first-home buyers, downsizers, savvy investors, or anyone seeking a lock-and-leave lifestyle in the heart of Melbourne.
Call Prerak on 0400 798 398 or Dhaval on 0430 544 155 today to book your Private Inspection.
DISCLAIMER: All stated dimensions are approximate only. Given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Prerak Bist, Ray White Truganina — reproduced as published, not verified by Districts.