1004/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

1004/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1004/392 Spencer St, West Melbourne

1004/392 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
2018
Local Government
Melbourne
Lot/Plan
1004/PS746007

Last Listing description (August 2022)

A Wining Lifestyle on the City Fringe

Popular for its wide streets and old world charm, West Melbourne enjoys quick and easy access to the CBD, Southern Cross Station, universities, Docklands and the famed Queen Victoria Market, with multiple public transport options ensuring getting around is as easy as pie!

Positioned on the 10th floor, this contemporary corner apartment enjoys plenty of natural light, stylish light timber floors, considered joinery and a flexible living space. Featuring an open plan kitchen with dramatic stone counters, state-of-the art stainless steel appliances and generous storage, air-conditioned dining/lounge, separate laundry, bathroom with premium vanity and large walk-in shower, and two spacious bedrooms each including built in robes.

A marvellous lifestyle opportunity or appealing investment in a coveted location.

To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 1004/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$577,000
18 Feb 2016
  • 11 May 2022
    Listed for Sale $525,000 $545,000
  • 12 May 2020
    Listed for Sale $525,000 – $545,000
  • 11 Jul 2019
    Listed for Rent $650
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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 8,465 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 34 properties listed for sale, and 27 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 368 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.