2/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

2/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
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Property Details for 2/392 Spencer St, West Melbourne

2/392 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 46m2.

Building Type
Unit
Year Built
2018
Floor Size
46m2
Local Government
Melbourne

Last Listing description (July 2018)

Ideally located on the precipice of the Melbourne City hustle and bustle, Bond Quarter can enjoy Flagstaff Gardens as its backyard, whilst also only being a stones throw away from the best in dining, entertainment, retail and transport.
Residents will experience high quality fixtures and finishes throughout the residences, whilst intelligently designed floor plans create a sense of light and space within each apartment.
This premium apartment includes high-end SMEG appliances, a multi-purpose island bench and European laundry. These features are complimented with abundant storage throughout the residence; showcased by the built-in cabinetry, pull-out pantry and bathroom cabinet storage, for a life uncluttered.

Efficient floor plans incorporate kitchen and living spaces together to maximise space and natural light, with the addition of a study nook providing a functional workspace for professionals or students.

Property History for 2/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 25 May 2018
    Listed for Sale Not Disclosed
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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 8,470 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 25 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 376 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.