506/393 Spencer Street, West Melbourne, VIC 3003 | Apartment for rent | OnTheHouse
 
FOR RENT
$660 Per Week - Fully Furnished

506/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Available From
Monday 17 August 2026| Bond $2,868.000
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Furnished CBD Gem With Resort Style Facilites

Conveniently positioned on Spencer Street, adjacent to Southern Cross Station and Marvel Stadium, Flagstaff Gardens and one of Melbourne’s most entertaining precincts by the water, Waterfront city with live music venues and eclectic bars littering the street scene in North and West Melbourne. Melbourne Village is a short commute to the city’s must-see attractions.
This furnished apartment features;
- Open plan living and dining area with sofa, coffee table and TV
- Modern kitchen with European quality appliances
- Euro style laundry with washing machine and dryer
- Sparkling bathroom
- Good size bedroom with a queen-size bed and BIR
- A private balcony can be accessed from the living room and bedroom
- Central heating & cooling air conditioning
Building facilities include:
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Property Details for 506/393 Spencer St, West Melbourne

506/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Diamond Property Management.

Building Type
Apartment
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About West Melbourne 3003

The size of West Melbourne is approximately 6.7 square kilometres. There are 14 parks, covering nearly 2.4% of the 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 8,481 properties. Over the last 5 years, Houses in West Melbourne have seen a -10.98% decrease in median value, while Units have seen a -4.74% decrease. As at 30 June 2026:

  • The median value for Houses in West Melbourne is $1,178,496 while the median value for Units is $512,915.
  • Houses have a median rent of $723 while Units have a median rent of $630.
There are currently 43 properties listed for sale, and 21 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 408 properties were sold in the past 12 months in West melbourne.

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James Ollaik
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Diamond Property Management
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