1411/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

1411/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
Land area: 4024m2
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Property Details for 1411/393 Spencer St, West Melbourne

1411/393 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 4024m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
2019
Floor Size
58m2
Land Size
4024m2
Local Government
Melbourne
Lot/Plan
1411/PS801387

Last Listing description (December 2024)

Furnished option available: $50-70pw additional

This modern apartment is located in the West End of Melbourne's CBD, close to Flagstaff Gardens, Spencer Street retail precinct, and Queen Victoria Market all at your doorstep. Public transport is also immediately accessible at Southern Cross Station, or through a large array of tram network connections.

Open-plan living area extends with outdoor balcony assists you in enjoying spectacular views. Well positioned kitchen equipped with stainless steel appliances and plenty of cupboard space. Spacious bedroom offers BIR's and City views. Other features comprising secure intercom access; floor to ceiling windows; stylish bathroom; split system air-con; generously sized balcony.

Features:
- Secure video entrance
- Generous bedrooms with built-in robes
- Sparking bathrooms
- Open plan living and dining with adjacent balcony with city view
- Kitchen with dishwasher+ gas cook top + appliances
- European Laundry
- Split air-con system/Central Air con
- On site building manager
- Building Facilities including gym, pool, cinema, and resident lounge areas along with amazing views across Melbourne and beyond

Property History for 1411/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$575,900
15 Dec 2016
Listed for Rent
$690/w
18 Nov 2023
  • 24 Oct 2024
    Listed for Rent $710 / week
  • 03 Oct 2023
    Listed for Rent $690 / week
  • 04 Nov 2020
    Listed for Rent $430 / 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 8,466 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.
There are currently 34 properties listed for sale, and 30 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 368 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.