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450 William Street, West MelbourneUnder Offer
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450 William Street

West Melbourne, VIC 3003, Australia
Under Offer
2 bed 1 bath140 m²

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About this property

Set in a tree-lined boulevard, on the edge of the CBD, this classic c1873 double storey terrace boasting a proud history has been recently revamped and fully renovated to maximise the space & versatile layout to meet the needs of modern day living requirements. The property cleverly blends genuine Victorian character with contemporary improvements to further enhance its appeal as a quality living and/or a combined working/living environment to optimise the prime location and Mixed Use zoning. Previously occupied as a working space, it now presents a unique opportunity to secure a fabulous low-maintenance home with scope to capitalise on the versatile layout with a home business, consulting room or variety of other possible uses (STCA). One of three terraces built by prominent 19th-century developer, David Howat, it welcomes with high ornate ceilings, hardwood floors and exposed brickwork that complement a functional yet free-flowing layout. At the front is a bright sitting area and large living zone, both with cast iron fireplaces, while at the rear is a sleek stone-topped kitchen with quality fixtures (oven, cooktop, dishwasher), a skylit dining area and modern bathroom. Step outside to a tranquil rear courtyard that provides pedestrian access via Zeplin Place. Upstairs accommodation includes a generous retreat also with a fireplace, and two light-filled double bedrooms with built-in robes. The lower level offers a home office/teenage retreat/guest bedroom with whitewashed blue-stone walls. In addition, it features a separate laundry, an extra w/c and heating/cooling. Within metres of the iconic Victoria Market and Flagstaff Gardens, this unique residence is placed just a short stroll to Errol Street cafes, Victoria Street restaurants, a host of tram lines, Melbourne University, the hospital precinct, Flagstaff Station and University High School (zoned).

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Land Area
140 m²
Listed
2 months ago

Repayment calculator

$2,414/month
$1,207 /fortnight
Loan $398,400 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$99,600
Stamp duty$24,950
Conveyancing (est.)$2,000
Total upfront$126,550
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in West Melbourne

This 2-bedroom house in West Melbourne, VIC 3003 sits within reach of public transport, local shops and nearby schools.

Schools near West Melbourne

  • Haileybury College - City Boyscombined
  • Haileybury College - City Girlscombined
  • Simonds Catholic Collegesecondary · 7-12 · Boys

What's nearby

  • Stop 9: Queen Victoria Market (tram)115 m away
  • Amplify Bookstore94 m away
  • Eades Park277 m away
  • Unnamed339 m away
  • Unnamed391 m away

West Melbourne at a glance

Full suburb profile
Population
8,025
Median age
31
Household income
$1,788/wk
Median rent
$388/wk
Median mortgage
$2,106/mo

Source: ABS Census.

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Suburb market

Suburb price trend

West Melbourne price trend

Median sold · House 2 bed

Compound growth -1.8% / yr over 4 yrs

$1.03mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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