3/593-597 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 357m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
In a secure contemporary complex and one of only four, this upstairs apartment presents a brilliant lifestyle or investment opportunity thanks to its impressively spacious floorplan, quality features and prime location on the very edge of Melbourne's CBD. Filled with natural light, the home's impeccable interior comprises two generous bedrooms (large master) both with built-in robes, as well as a stylish central bathroom complete with double vanity and shower/tub combo. Wonderfully wide, the versatile open-plan living/dining area is further enhanced by a granite-bench kitchen with tiled splashbacks, Smeg cooking appliances and Bosch dishwasher. An abundance of natural light throughout, the apartment also includes a full-width undercover terrace to relax while enjoying the city skyline views, split-system heating/cooling (living area and both bedrooms) and full-size laundry, plus a secure foyer with intercom, two lower-level tandem parking spaces and storage cage. A short stroll to North Melbourne Station, Victoria Street trams and Errol Street's renowned cafes and shops, it's also close to Queen Victoria Market, Docklands precinct, Flagstaff Gardens and the city itself. Nelson Alexander Pty Ltd.
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 8,468 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:
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