1305/429 Spencer StreetWest Melbourne VIC 3003
Property Details for 1305/429 Spencer St, West Melbourne
1305/429 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 501m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last transferred in January 2021.
Last Listing description (February 2021)
Under Contract
Located on the edge of Melbourne's CBD, this apartment is perfectly located and is only a short walk to the magnificent Flagstaff Gardens. Queen Victoria Market, RMIT and Melbourne University are all easily accessible with multiple public transport options at your disposal. Most important of all, this location falls within the exceptionally sought after University High School catchment Zone.
The great layout incorporates modern kitchen, stylish bathroom and two bedrooms, both with mirrored robes, that retain an exceptional view of the City and/or the Bay.
With low maintenance fees and car park on title, this apartment is ideal to own and occupy, or retain as a great investment. Offers significant depreciation allowances and great rental return. Call now to arrange for further details and to arrange your post lockdown private inspection
* COVID-19 Announcement *
Unfortunately we cannot book your inspection during the stage 4 lockdown provisions.
We will be happy to show you through immediately the restrictions are lifted, so please call now and make your booking.
Thank you.
Property History for 1305/429 Spencer St, West Melbourne, VIC 3003
- 20 Jan 2021Transferred
- 01 Oct 2020Listed for Sale $395,000 - $410,000
- 22 Apr 2013Sold for $485,000
Recent sales nearby
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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 -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.
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