101/423-435 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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101/423-435 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
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Last updated 29 Dec 2025
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Property Details for 101/423-435 Spencer St, West Melbourne

101/423-435 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a floor size of 72m2.

Building Type
Unit
Year Built
1979
Floor Size
72m2
Local Government
Melbourne

Last Listing description (April 2021)

Enjoying a premium Spencer Street position on the edge of Melbourne's CBD, 2 bedroom loft-inspired residence designed by renowned architects Peter Sugar & Co.

The unique two-storey apartment features an impressive spacious and light-filled living space, complemented by a host of high quality appointments including timber flooring, stainless steel European appliances & air-conditioning.

Exceptional alfresco zones ideal for stylish entertaining. Tailored for year-round indoor/outdoor entertaining are the winter-style gardens, one of the key highlights of the building. Main bathroom with separate toilet plus additional powder room.

Onsite facilities include a secure car park (stacker) and communal rooftop garden.

Please note carpark system is stackers. Height, width and weight restrictions may apply.

To inspect this property, go to Request an Inspection and select one of the inspection times available and REGISTER your details to attend. YOU MUST REGISTER so we can notify you if an inspection is cancelled and we will also let you know if a similar property becomes available to lease.

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Property History for 101/423-435 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
13 Apr 2021
  • 15 Feb 2021
    Listed for Rent $420 / week
  • 04 Feb 2020
    Listed for Rent $490 / week
  • 04 Nov 2019
    Listed for Rent $490 / week
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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 8,467 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 32 properties listed for sale, and 18 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 371 properties were sold in the past 12 months in West melbourne.

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© 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.

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