314/429 Spencer Street, West Melbourne, VIC 3003 | Apartment for rent | OnTheHouse
 
FOR RENT
$550 per week

314/429 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Available From
Wednesday 13 May 2026| Bond $2,390
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Stylish Loft Style Apartment in the Heart of West Melbourne--White goods included

This cleverly designed one-bedroom plus one study room, one-bathroom apartment offers a unique two-storey layout that maximises space and functionality, perfectly suited for professionals or couples seeking modern urban living in one of Melbourne's most well-connected locations.
The ground floor features a generous open-plan living and dining area seamlessly integrated with a fully equipped kitchen, complemented by a private balcony — ideal for morning coffee or evening relaxation. Upstairs, the spacious bedroom is accompanied by a well-appointed bathroom and a versatile study nook, perfect for those working from home.
Property Features:
Unique two-level apartment layout with spiral staircase
Spacious open-plan living and dining area
Fully equipped kitchen with dishwasher, oven and cooktop
Private balcony with city outlook
Generous bedroom with ample storage
Separate study room — ideal for working from home
Modern bathroom
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Property Details for 314/429 Spencer St, West Melbourne

314/429 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for rent with EIGHTH QUARTER.

Building Type
Apartment
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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 8,466 properties. Over the last 5 years, Houses in West Melbourne have seen a -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:

  • The median value for Houses in West Melbourne is $1,253,332 while the median value for Units is $518,305.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 37 properties listed for sale, and 13 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 405 properties were sold in the past 12 months in West melbourne.

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Jane Huang
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