112 Adderley Street, West Melbourne VIC 3003

112 Adderley Street, West Melbourne VIC 3003
Premium city-fringe apartment | 13โ€“14 storeys with resort amenity | 120โ€“128 dwellings including penthouses | completed late 2020 | targeted at owner-occupiers and downsizers This property sits within a completed, design-led tower that is competitively strong for its scale and amenity package, which is rare in West Melbourneโ€™s older housing stock. With a 25-metre lap pool, private cinema, wine cellar, and landscaped resident garden, the building is positioned as a high-amenity, secure option for owner-occupiers seeking city-fringe living without the compromises of older walk-up apartments. The precinct contextโ€”including retail, parkland, and a hotelโ€”reinforces a self-contained, mixed-use environment that suits professional couples, downsizers, and lifestyle buyers who prioritise walkability to the CBD and transport hubs. The value of this apartment may be influenced by its specific floor level, aspect, and internal layout, which are not detailed in general building information. The high-density urban setting might affect outlook, natural light, and noise exposure depending on the unitโ€™s position within the tower. The broader West End precinctโ€™s ongoing development could support long-term demand, but buyers should weigh the premium paid for resort-style facilities against comparable units in the same building, as internal finishes and floor plan will have a more direct impact on resale appeal than shared amenities alone.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 112 Adderley Street, West Melbourne VIC 3003
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Market Insight:

West Melbourne offers a compelling entry point within the broader metropolitan market, characterised by a distinct divergence between its house and unit segments. Strong buyer engagement is fuelling robust capital growth for houses, reflecting demand for more affordable options in the city’s west. Conversely, the unit market faces headwinds with softening values, indicating segment-specific challenges. Future performance remains sensitive to broader interest rate movements, though stabilisation could further support sentiment, while the persistent underperformance of units presents a key market risk.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

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