402/408 Spencer Street, West Melbourne, VIC 3003 | Apartment for sale | OnTheHouse
 
FOR SALE
$798,000 - $868,000

402/408 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

An entertainer's dream with an enormous lifestyle terrace

Ideally established on the fourth floor of 'Parkhill' – a contemporary complex on the edge of Melbourne's bustling CBD, this sophisticated apartment boasts an extremely rare design.
Embraced by a massive balconied terrace with large under-cover and open areas, imagine relaxing with friends and family here while soaking up sunshine during the day or twinkling views of the surrounding towers in the evening.
Floor-to-ceiling double glazing elevates the luminous ambience of the interiors, including the large open-plan living/dining room, featuring a premium stone kitchen with Miele appliances.
Wonderfully comfortable with two bedrooms and two bathrooms, the main bedroom enjoys a sparkling ensuite and a door out to the terrace.
For even better views, head up to the rooftop gym and BBQ alfresco terrace, looking out to the beautiful Flagstaff Gardens and the heart of the city.
Metres from Flagstaff train station, Southern Cross station, Queen Victoria Market, Marvel Stadium and Docklands, live just moments from Melbourne's world-class medical precinct, RMIT University and Melbourne University.
- Large two bedroom, two bathroom design
- Enormous entertainer's terrace
- Lush planter boxes on the terrace
- Bright open-plan living/dining room
See MoreView Statement of Information

Property Details for 402/408 Spencer St, West Melbourne

402/408 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with McGrath Box Hill.

Building Type
Apartment
Commute Calculator

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 -1.80% decrease in median value, while Units have seen a -0.25% decrease. As at 31 January 2026:

  • The median value for Houses in West Melbourne is $1,329,330 while the median value for Units is $512,615.
  • Houses have a median rent of $630 while Units have a median rent of $620.
There are currently 34 properties listed for sale, and 22 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in West melbourne.

West Melbourne Profile Page

Suburb Insights for West Melbourne 3003

Visit West Melbourne profile page
Market Insights
West Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
West Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit West Melbourne profile page
Contact agent
agent headshot
Joo Ming Lim
Show contact details
Call agent
agent headshot
Dorothy Lim
Show contact details
Call agent
McGrath Box Hill
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED