314/420 Spencer StreetWest Melbourne VIC 3003
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Nice and shiny 1 Bedroom 1 Bathroom apartment for rent!
Property Details for 314/420 Spencer St, West Melbourne
314/420 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for rent with LJ Hooker City Residential.
About West Melbourne 3003
The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation.In 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.
West Melbourne has 8,469 properties. Over the last 5 years, Houses in West Melbourne have seen a 10.55% increase in median value, while Units have seen a -1.65% decrease. As at 31 October 2025:
- The median value for Houses in West Melbourne is $1,410,750 while the median value for Units is $513,670.
- Houses have a median rent of $625 while Units have a median rent of $600.
Suburb Insights for West Melbourne 3003
Market Insights
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