1601/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
OFF MARKET

1601/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 4024m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 12 Jan 2026
Low
High
Share
Save

Property Details for 1601/393 Spencer St, West Melbourne

1601/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2019. The property has a land size of 4024m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2019
Land Size
4024m2
Local Government
Melbourne
Lot/Plan
1601/PS801387

Last Listing description (June 2025)

Located in west Melbourne CBD just minutes away from Haileybury College, Melbourne and RMIT Universities this apartment is ideal for students. Enjoy catching up with your friends over a cup of coffee at Melbournes most celebrated eateries or enjoy shopping, entertainment, arts and sports precincts at the central CBD. Forget about the morning rush to and from work with public transport links at your doorstep as this apartment is located within the Free Tram Zone and a couple of minutes from Southern Cross Station. Take a stroll down to the historic Flagstaff gardens or the iconic Queen Victoria Market.

This stunning apartment features a spacious bedroom with durable carpet and built in robe. Enjoy cooking in this modern kitchen with stainless steel appliances and stone bench top with ample storage space adjacent to the light filled living and dining area with timber flooring and floor-to-ceiling windows providing scenic views of Melbourne's skyline. Forget about the hot summer days as this apartment comes with central heating and cooling.

The building also features :

Indoor pool
Gym and Wellness room
Cinema Room
Library lounge
Business lounge with Free Wi fi access

Show More

Property History for 1601/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$420,000
30 May 2018
Listed for Rent
$300/w
28 Apr 2021
  • 20 May 2025
    Listed for Rent $590 / week
  • 07 Jan 2021
    Listed for Rent $300 / week
  • 07 Jan 2020
    Listed for Rent $430 / week
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

West Melbourne Profile Page

Suburb Insights for West Melbourne 3003

Visit West Melbourne profile page
Market Insights
West Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
West Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit West Melbourne profile page
Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED