1205/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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1205/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 838m2
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Last updated 12 Jan 2026
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Property Details for 1205/392 Spencer St, West Melbourne

1205/392 Spencer St, West Melbourne is a 2 bedroom, 1 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 2016.

Building Type
Unit
Year Built
2018
Floor Size
80m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
1205/PS746007

Last Listing description (May 2024)

Welcome to this modern 2-bedroom, 1-bathroom apartment located at 1205/392 Spencer Street, West Melbourne. With its prime location and contemporary design, this property offers a fantastic opportunity for those seeking a comfortable and convenient lifestyle.

Boasting a spacious open-plan living area, this apartment provides ample room for relaxation and entertainment. The sleek kitchen features high-quality appliances and plenty of storage space, making cooking a breeze. The bedrooms are generously sized and offer built-in wardrobes, ensuring you have all the storage you need.

Situated in a sought-after location, this apartment is just moments away from Melbourne's vibrant city centre. Enjoy easy access to an array of dining, shopping, and entertainment options, as well as public transport links to explore the rest of the city. Additionally, with a secure garage included, parking will never be an issue.

Please be aware no private Inspection will be arranged.

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Property History for 1205/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$585,000
28 Jan 2016
  • 04 Apr 2024
    Listed for Rent - Price not available
  • 06 Mar 2024
    Listed for Rent - Price not available
  • 28 Jan 2016
    Sold for $585,000
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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 8,468 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 22 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.

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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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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.

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