704/408 Spencer Street, West Melbourne, VIC 3003 | Apartment for sale | OnTheHouse
 
FOR SALE
Expressions of Interest - $595,000

704/408 Spencer Street
West Melbourne VIC 3003

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

Large Living, Abundant Natural Light & a Spacious Balcony

Expressions of Interest - Closing Tuesday, 24th of February at 2 pm (Unless sold prior)
Welcome to Parkhill, a contemporary, award-winning residential development and recipient of the 2024 HIA-VIC Apartment Complex Award (Over $20 Million). This beautifully presented, move-in-ready residence showcases elevated design, generous proportions, and abundant natural light, offering an exceptional inner-city lifestyle.
The apartment features bright and airy interiors enhanced by 2.7-metre high ceilings, expansive feature windows, and electric blinds installed as an upgraded package, allowing effortless light and privacy control. A spacious tiled balcony extends the living space outdoors, ideal for morning coffee or relaxed evening entertaining. The modern gourmet kitchen is equipped with stone benchtops and premium Miele appliances, while the generous master bedroom includes mirrored built-in robes. A fully tiled bathroom with premium German tapware, along with a European laundry complete with washer and dryer, adds everyday convenience. Concealed heating and air-conditioning ensure year-round comfort.
Residents of Parkhill enjoy access to an exclusive suite of lifestyle amenities, including a rooftop garden terrace with BBQ and dining zones, a modern fitness centre with open-air exercise areas, and an elegant residents’ lounge. A stylish foyer with seven-day concierge service further elevates the living experience.
Ideally positioned in the heart of West Melbourne, Parkhill is just five minutes from the CBD. Flagstaff Gardens, Queen Victoria Market, and Southern Cross Station are all within easy walking distance, while Melbourne University, RMIT, and University High are close by. Excellent tram, bus, and road connections make commuting effortless.
All furniture is available to be purchased with the property, offering a turnkey opportunity. Every piece is new and still within warranty, making this an ideal option for owner-occupiers or investors seeking immediate rental readiness.
Outgoings:
Owners Corporation Fees: $1,409 per quarter approx.
Council Rates: $296.60 per quarter approx.
Water: $184.26 per quarter approx.
See MoreView Statement of Information

Property Details for 704/408 Spencer St, West Melbourne

704/408 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with Whiting & Co .

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 8,465 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 18 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 379 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
Corey Hayter
Show contact details
Call agent
Whiting & Co
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