1305/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

1305/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 838m2
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Property Details for 1305/392 Spencer St, West Melbourne

1305/392 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 838m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2017
Floor Size
53m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
1305/PS746007

Last Listing description (August 2024)

Welcome to this stunning 2-bedroom, 1-bathroom residential apartment located at 1305/392 Spencer Street, West Melbourne. With its prime location and modern design, this property offers a lifestyle of unparalleled convenience and sophistication.

Featuring a spacious open-plan living area, this apartment is perfect for those who love to entertain. The well-appointed kitchen boasts sleek appliances and ample storage space, making it a joy to cook and entertain guests. The living area seamlessly flows onto a private balcony, where you can relax and enjoy breathtaking city views.

The two bedrooms are generously sized and filled with natural light, providing a peaceful sanctuary to unwind after a long day. The stylish bathroom features modern fixtures and finishes, creating a spa-like atmosphere for ultimate relaxation.

Situated in the heart of West Melbourne, this property offers easy access to an array of amenities. Enjoy the vibrant caf culture, boutique shopping, and world-class dining options that the area has to offer. With public transport options at your doorstep, commuting to the CBD and surrounding suburbs is a breeze.

Don't miss out on this fantastic opportunity to secure a stylish and convenient city lifestyle. Contact us today to arrange a private inspection and experience the allure of this exceptional property.

Property History for 1305/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$401,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $401,000
  • 19 Jun 2024
    Listed for Sale $420,000 - $450,000
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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 8,469 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.

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.