101/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

101/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 838m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Dec 2025
Low

High
Save

Property Details for 101/392 Spencer St, West Melbourne

101/392 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces 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 January 2024.

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

Last Listing description (February 2024)

Welcome to your future home, where luxury meets comfort! Nestled in the heart of elegant West Melbourne, this 2-bedroom apartment is a true masterpiece of design and craftsmanship.

Upon entering, you'll be captivated by the chic interior design that seamlessly combines modern aesthetics with functional elegance. The open-concept living space is bathed in natural light, creating a welcoming atmosphere for both relaxation and entertainment.

The well-appointed kitchen, equipped with state-of-the-art appliances and sleek countertops, is a haven for culinary enthusiasts. Whether you're preparing a gourmet meal or enjoying a casual brunch, this space effortlessly caters to your lifestyle.

The star of this residence is undoubtedly the generously sized terracea rare find in the heart of the CBD. Imagine hosting intimate gatherings under the city lights or simply unwinding with a glass of wine, all whilst having everything Melbourne offers at your doorstep.

Seize the opportunity to make this 2-bedroom urban sanctuary your own. Contact us today for a private tour and discover the epitome of sophisticated city living. Don't miss out on the chance to call this prestigious West End address home.

Currently tenanted at $650/week with lease running until 30 June 2024.

Property Code: 819

Property History for 101/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$580,000
21 Jan 2024
Listed for Rent
$650/w
30 Jun 2023
  • 21 Jan 2024
    Sold for $580,000
  • 05 Dec 2023
    Listed for Sale $595,000
  • 14 Jun 2023
    Listed for Rent - Price not available
Sign in to see more transactions
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 8,470 properties. Over the last 5 years, Houses in West Melbourne have seen a 10.55% increase in median value, while Units have seen a -1.65% decrease. As at 31 October 2025:

  • The median value for Houses in West Melbourne is $1,410,750 while the median value for Units is $513,670.
  • Houses have a median rent of $625 while Units have a median rent of $600.
There are currently 37 properties listed for sale, and 19 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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
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.