204/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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204/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Land area: 838m2
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Last updated 5 Jan 2026
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Property Details for 204/392 Spencer St, West Melbourne

204/392 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2018. The property has a land size of 838m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
Unit
Year Built
2018
Floor Size
80m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
204/PS746007

Last Listing description (September 2024)

Bond Quarter, is one of the best locations inside the city, with living in the building, you?ll own the convenience of walking to Melbourne Central, Emporium, QV, Queen Victoria Market, Melbourne University and RMIT. The bus stop is right down the building and trams are within the ?free tram zone?. The Bond Quarter Apartment will definitely impress you as living in here is with everything that Melbourne has to offer right at your door step.

This beautiful one year old apartment is features:
-Timber flooring through kitchen, dinning and living areas,

- Large size bright bedrooms with WIB
- Modern open kitchen with loads of storage space, stone bench-top, Stainless Steel appliance by SMEG
- Sparkling bathroom with functional mirror cabinet
- European laundry
- Revered cycle heating and cooling air conditioning system
- Security intercom

700 meters to Southern Cross and 100 meters to Flagstaff Gardens train stations
Walking distance to Melbourne University and RMIT
Walking distance to Melbourne CBD
300 meters to Queen Victoria Market

Please note this is break lease and $610 per week until the current lease end date 31/01/2025.

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Property History for 204/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$490,000
15 Mar 2016
Listed for Rent
$610/w
14 Nov 2023
  • 08 Sep 2024
    Listed for Rent $610 / week
  • 14 Nov 2023
    Listed for Rent $580 / week
  • 05 Oct 2022
    Listed for Rent $500 / 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 8,471 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 33 properties listed for sale, and 27 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 377 properties were sold in the past 12 months in West melbourne.

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© 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.

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