301/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

301/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 838m2
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Property Details for 301/392 Spencer St, West Melbourne

301/392 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 838m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2017
Floor Size
75m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
301/PS746007

Last Listing description (December 2025)

Designed in harmony with a dynamic inner-city lifestyle, this stylish 2 bedroom, 2 bathroom apartment will instantly inspire with sunlit space, unmatched comfort, and the work-from-home luxury of a sizeable study area. Zoned to the prestigious University High School, take an easy walk to Southern Cross trains, the Docklands precinct, Flagstaff Gardens, Marvel Stadium, top-ranking universities, and all the attractions of the CBD including the free tram zone. Spacious open-plan living and dining pivots a stone-finished kitchen flaunting soft-closing cabinetry, a waterfall-edged breakfast bar, and the full suite of premium Smeg appliances including a dishwasher. Superbly set on the third floor of the highly prized Bond Quarter building, step outside to a privately screened undercover balcony with a prized eastern orientation capturing the gentle warmth of morning sunlight. This relaxed alfresco space will be used on a daily basis.The generously sized bedrooms are filled with light and peacefully separated by the living area, wonderfully serviced by mirrored built-in robes and a perfect pair of luxe bathrooms with floor-to-ceiling tiles, rainfall showers, and mirrored cabinetry. Take your work duties to another level with a study nook boasting a built-in workstation with storage capability.Additional features include secure car parking on title (currently under maintenance), a storage cage, Euro-style laundry, split-system heating and cooling, double glazing, textured curtains, timber flooring, designer lighting, secure intercom entry, and a welcoming concierge. Nest or invest, inspect with confidence!Outgoings: Council Rates: $292.00 per quarter approx.Water Rates: $180.00 per quarter approx.Owners Corporation Fees: $2,589.00 per quarter approx.* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 301/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$580,000
29 Feb 2020
  • 15 Aug 2025
    Listed for Sale $488,000 - $528,000
  • 29 Feb 2020
    Sold for $580,000
  • 04 Dec 2019
    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 8,467 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 32 properties listed for sale, and 13 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.

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.