1005/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

1005/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Land area: 838m2
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Property Details for 1005/392 Spencer St, West Melbourne

1005/392 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2018. The property has a land size of 838m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
2018
Floor Size
80m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
1005/PS746007

Last Listing description (October 2023)

This spacious apartment ideally located on the precipice of the Melbourne City hustle and bustle, the best of the CBD will be right on Bond Quarter's doorstep, walking distance to free tram stops, Flagstaff and Southern Cross Train Station and Coles supermarket. Enjoy Flagstaff Gardens as your backyard, whilst also only being a stones throw away from the best of Melbourne's dining, entertainment, retail and sports stadium.

Other features including:

* Stainless steel appliances by SMEG
* Stone benchtops
* Bedroom with BIR
* Stylish timber boards
* Secure intercom entry
* European laundry
* Reverse cycle heating and cooling air conditioning system

Property History for 1005/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$600,080
04 Jul 2018
Listed for Rent
$550/w
22 Oct 2023
  • 25 Sep 2023
    Listed for Rent $550 / week
  • 04 Jul 2018
    Sold for $600,080
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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 8,466 properties. Over the last 5 years, Houses in West Melbourne have seen a -3.06% decrease in median value, while Units have seen a 0.58% increase. As at 30 November 2025:

  • The median value for Houses in West Melbourne is $1,279,634 while the median value for Units is $516,591.
  • Houses have a median rent of $625 while Units have a median rent of $600.
There are currently 33 properties listed for sale, and 14 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 382 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.