West Melbourne
VIC 3003
West Melbourne is an inner suburb in the City of Melbourne, about 1 kilometre from the Melbourne CBD. Spencer Street is the main commercial route, with King Street carrying activity along the western side of the inner city. The suburb has a dense residential and industrial section near the CBD, as well as rail yards and port facilities beyond the railway lines. North Melbourne station is located within West Melbourne, and tram routes run along Victoria Street.
West Melbourne is an office and consulting market, with office suites and floors in the inner-city section and warehouses and factories connected with its industrial and port setting. Commercial premises sit close to major transport infrastructure and the CBD edge. North Melbourne, Docklands and Melbourne are nearby comparison markets.
46
Active lease listings
commercial properties
$95,000
Median annual rent
asking rent across all listings
306
Median days on market
across all active listings
Lease rate trend
$308/m² p.a.
Median advertised rate
Down 2.7%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in West Melbourne. Drill down to individual listings in MarketBuddy
Listings by sector
19
Offices
active lease listings
16
Industrial, Warehouse and Factories
active lease listings
4
Retail and Shops
active lease listings
3
Hotel and Leisure
active lease listings
3
Medical / Consulting
active lease listings
1
Land and Developments
active lease listing
Want to know more?
Explore commercial property insights for West Melbourne in MarketBuddy.
Last updated 5 September 2026