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West Melbourne Property management

Property managers serving West Melbourne

  • Expected returns
  • Property history
  • Location insights

Get a free rental appraisal

Find out the true potential of your investment property with a same-day rental appraisal.

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5.5%
fixed management fee - no hidden costs
8 day
average period between listing and leasing
< 1%
vacancy rate across our portfolio

West Melbourne property insights

Sitting on the north-west of the CBD, West Melbourne offers a city-centric lifestyle with a semi-industrial feel. Accordingly, it has become exceedingly popular among young people (who account for 42% of West Melbourne’s residents).  The attractions of living in West Melbourne include easy access to waterside Docklands restaurants, great local cafes, fresh produce from Queen Victoria Market, and the activity of the CBD — all only a short walk away.

The location also offers easy access to transportation, with frequent trams and both North Melbourne and Flagstaff Station nearby. Family-friendly amenities are only a short drive away. Notably, North Melbourne's Errol Street is nearby with a range of strip shops, local cafes, and a few supermarkets. While the majority of properties are apartments, suitable for young couples and singles, there are also a number of period houses available. Living in West Melbourne offers all the benefits of the CBD, without the hustle-and-bustle of the city-centre.

Get the most out of your West Melbourne investment with TTS Real Estate

Thanks to its easy access to the CBD and high demand amongst independent professionals, the demand for properties in West Melbourne will continue to surge.

$
650

Average rent per week

Thanks to its easy access to the CBD and high demand amongst independent professionals, the demand for properties in West Melbourne will continue to surge.

5.42
%

Annual capital growth

Growth projections remain strong, supported by the CBD economic activity.

122

Total sales since Jan 2019

While there are a limited number of properties available, these appealing market trends have contributed to the high sales rate.

Property manager available

Call now to speak to West Melbourne property managers

Take advantage of TTS Real Estate’s local knowledge of property management in the West Melbourne rental market.

(03) 9375 7989
Available now
Free rental appraisal

Get a free rental appraisal

Receive a same-day rental appraisal and learn where your property sits in the market.

FIND ME TENANTS

TTS Real Estate in West Melbourne

As local West Melbourne property managers, we have a deep understanding of the market forces and how you can benefit from the high growth potential. Our dedicated team of West Melbourne real estate agents are here to help you achieve your investment goals.

With our boutique West Melbourne property management services, we can help you realise the maximum value of your investment property, including:

  • Digital lease signing to speed up leasing campaigns and turnaround times
  • Full weekends dedicated to leasing your property, with two hour open home inspections
  • Representation at body corporate meetings
  • Set management and leasing fees
Tim Ash - Director of TTS Real Estate

Leasing case studies

At TTS Real Estate, we are committed to finding excellent opportunities for your investment properties.
7
 days
length of leasing campaign
$
575
per week in rent

Melbourne

This fantastic inner city apartment appealed to young professionals looking to experience the best of what Melbourne offers. We leased the apartment after just one week of inspections.

2
Bedrooms
2
 bedrooms
1
Bathrooms
1
 bathrooms
1
Car spaces
1
 car spaces
5
 days
length of leasing campaign
$
600
per week in rent

Melbourne

Perfectly situated near Flagstaff Gardens, this modern CBD apartment received a number of applications. We leased the apartment after showing just 8 groups through.

2
Bedrooms
2
 bedrooms
1
Bathrooms
1
 bathrooms
1
Car spaces
1
 car spaces
4
 days
length of leasing campaign
$
625
per week in rent

Southbank

After just one inspection with 5 groups of potential tenants, we leased this amazing 2-bedroom apartment to the ideal candidate.

2
Bedrooms
2
 bedrooms
2
Bathrooms
2
 bathrooms
1
Car spaces
1
 car spaces
17
 days
length of leasing campaign
$
540
per week in rent

Southbank

Competition was high for this stunning 2-bedroom apartment in the heart of Southbank. The TTS Real Estate team decided to thoroughly vet all potential tenants until we found the right fit.

2
Bedrooms
2
 bedrooms
1
Bathrooms
1
 bathrooms
1
Car spaces
1
 car spaces

The TTS Real Estate leasing process

1
Connect with us

Connect with us

Reach out to the TTS Real Estate team and receive your free West Melbourne rental appraisal.

2
Meet your team

Meet your team

Meet your team face-to-face to see how we can help you achieve your investment goals in West Melbourne.

3
Advertising

Advertising

We’ll develop a bespoke marketing campaign for your investment property to attract the most suitable tenants.

4
Occupancy

Occupancy

We’ll present you with a shortlist of suitable candidates. You can then approve a final tenant and start earning a return on your West Melbourne rental property.

Get in touch with TTS Real Estate

Get the perfect tenant for your West Melbourne investment property. Our West Melbourne property managers can help you find them.

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West Melbourne FAQs

Where are the best areas to invest in the West Melbourne region?

Properties situated on Flagstaff Gardens are excellent properties to invest in. Not only are they next to the beautiful gardens, they are incredibly close to Flagstaff Station, Queen Victoria Market, and the CBD.

What should I be wary of as a property investor in West Melbourne?

While the majority of West Melbourne residents are either singles or couples without children, it’s easy to dismiss family homes as a rental opportunity. However, families still account for over 10% of the market and will be in high-demand amongst busy professionals with children. It’s also important to recognise that units are competing for tenants against the many apartment buildings in Docklands.

How do I identify future areas of high growth potential around West Melbourne?

There are several single and double-storey Victorian terraces situated along Victoria Street and close to North Melbourne. With easy access to both the CBD and suburbs, these properties will be popular among young dual-income families and offer high growth potential.

What are some other tips for looking to buy property in West Melbourne?

While there are many new apartment complexes being built, pay attention to the warehouses that are being converted into luxurious modern apartments. You may be able to pick up a quality apartment at a great price.