2003/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

2003/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 4024m2
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Property Details for 2003/393 Spencer St, West Melbourne

2003/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2019. The property has a land size of 4024m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
2019
Floor Size
45m2
Land Size
4024m2
Local Government
Melbourne
Lot/Plan
2003/PS801387

Last Listing description (November 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.

Features include:

- Secure video entrance
- Generous bedroom with built-in robes
- Sparkling bathroom
- Open plan living and dining with adjacent balcony with city views
- 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 + study nuke
- Basement parking

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Preferred rental payment method is via SimpleRent: Direct Debit from Bank Account ($1.10 inclusive of GST. per transaction) or Credit Card (Visa Master Card 1.98% / Amex 4.4% per transaction).

Property History for 2003/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$477,200
28 Jun 2017
Listed for Rent
$570/w
29 Oct 2025
  • 29 Oct 2025
    Listed for Rent $570 / week
  • 17 Nov 2023
    Listed for Rent $550 / week
  • 28 Jun 2017
    Sold for $477,200
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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, 382 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.