1/320 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

1/320 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 363m2
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Property Details for 1/320 Spencer St, West Melbourne

1/320 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 363m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Unit
Year Built
2000
Land Size
363m2
Local Government
Melbourne
Lot/Plan
1/PS438640

Last Listing description (September 2025)

- Handsome warehouse building, converted in 2001
- Massive windows capture plenty of sunlight
- Loft style apartment creates a unique sense of space

- Spacious kitchen with gas cooktop, heaps of bench space
- Modern bathroom with bathtub and laundry
- Bedroom features an abundance of storage
- Separate study nook on the loft level
- Stroll to Flagstaff Gardens or Spencer St Station
- City trams at your doorstep - the gateway to Melbourne

OUTGOINGS
Council Rates - $1,055.70 pa
Water Rates - $ 636.28 pa
Owners Corporation - $3,360.00 pa

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city. For information on inner city property for sale or rent or for expert real estate advice visit: https://harcourtsmelbournecity.com or phone us on 03 9664 8100

Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.

Property History for 1/320 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$430,000
12 Jan 2024
Listed for Rent
$380/w
31 Aug 2022
  • 12 Jan 2024
    Sold for $430,000
  • 04 Aug 2023
    Listed for Sale For Sale | $439,000
  • 03 Aug 2022
    Listed for Rent - Price not available
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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 8,470 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.68% decrease in median value, while Units have seen a -1.84% decrease. As at 31 December 2025:

  • The median value for Houses in West Melbourne is $1,342,812 while the median value for Units is $507,741.
  • Houses have a median rent of $630 while Units have a median rent of $610.
There are currently 36 properties listed for sale, and 25 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 376 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Cotality Copyright and Legal Disclaimers about Property Data
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.