1511E/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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1511E/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Last updated 22 Dec 2025
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Property Details for 1511e/393 Spencer St, West Melbourne

1511e/393 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2018. The property has a floor size of 80m2.

Building Type
House
Year Built
2018
Floor Size
80m2
Local Government
Melbourne

Last Listing description (May 2025)

*Fully Furnished Option is Available at Extra Cost

Ideally positioned between the bustling CBD and the vibrant waterfront, Melbourne Village offers unrivalled, never-to-be-built-out vistas in every direction from the morning light over the bay to the twinkling cityscape at night.

Open-plan living area extended with outdoor balcony will assist you in enjoying spectacular views. Its well positioned kitchen is equipped with stainless steel appliances and has plenty of cupboard space.

Spacious bedroom offers BIR's and City views. Other features include secure intercom access; floor to ceiling windows; stylish bathroom; split system air-con and generously sized balcony.

Features:
- Secure video entrance
- Generous bedrooms with built-in robes
- Sparkling bathrooms
- Open plan living and dining with adjacent balcony with city view
- Kitchen with dishwasher gas cooktop 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
- NBN connections
- Basement parking and optional storage cages

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Property History for 1511e/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
12 Jul 2023
  • 07 May 2025
    Listed for Rent $760 / week
  • 07 Jan 2020
    Listed for Rent - Price not available
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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 -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 33 properties listed for sale, and 14 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in West melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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.

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.

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