Back 204/493 Victoria Street
Off Market

204/493 Victoria Street

West Melbourne VIC 3003

1
1
1
57 m²
0 m²
Apartment
Last sold for $360,000
Yas SunarYas Sunar, last sold this property on 29 June 2025 after 440 days on market.

Overview

Executive Retreat with Work-from-Home Ease

An instantly inviting celebration of city-edge living, this affordable 1 bedroom apartment offers true value for market entrants and the promise of high returns for investors. Moments from the CBD, simply stroll to Queen Victoria Market, Errol Street shopping, the hospitals and university precinct, North Melbourne trains and multiple bus and tram routes. Owning a second-floor setting in a low-rise complex, spacious open-plan living and dining is underscored by a stone-finished kitchen featuring an island bench for entertaining, a tiled splashback and stainless-steel Blanco appliances including a full-sized dishwasher. A nearby study zone comes complete with a built-in workstation. Slide open full-height glass and relax on an undercover full-width balcony with expansive views over the neighbourhood including the towering Melbourne Wheel. A large bedroom is serviced by mirrored built-in robes and a deluxe bathroom with stone detailing and a shower over a bathtub. Take full advantage of secure parking, an over-the-bonnet storage unit, laundry capacity, split-system heating and cooling, double roller blinds, rich floorboards, recessed down-lighting, intercom and lift access. Inspect today! Outgoings: Council Rates: $223.93 per quarter approx. Water Rates: $148.53 per quarter approx. Owners Corp Fees: $661.01 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
57 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in West Melbourne over the last 12 months, the estimated median property value of 204/493 Victoria Street is $375k.

Median value
$375k
Estimated value range
$257.8k - $885k
Median days on market
42
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 204/493 Victoria Street

2025
Sold
$360,000
29 Jun 2025 by Yas Sunar, of MICM
2015
Sold
$380,000
Private Sale/Treaty on 10 May 2015 by Nicholas McLean, of W. B. Simpson & Son

Happy sellers in West Melbourne

87%
87% of sellers in West Melbourne reported that their sale price either exceeded or met their price expectations.

West Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in West Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in West Melbourne

In the last 12 months, 66 one-bedroom apartments similar to 204/493 Victoria Street, have been sold.

This represents a 28% increase in one-bedroom apartments sales when compared to the previous 12 months.

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