310/512-542 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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310/512-542 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
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Last updated 19 Jan 2026
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Property Details for 310/512-542 Spencer St, West Melbourne

310/512-542 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2022. The property has a floor size of 55m2.

Building Type
Unit
Year Built
2022
Floor Size
55m2
Local Government
Melbourne

Last Listing description (May 2021)

Newly designed 1 bedroom + study floor plans are available.Eligible 1st home buyers are entitled to -
- $15,000 First Home Builder Grant
- $10,000 First Home Buyer Grant

- Stamp Duty Exemptions


This superb one-bedroom apartment is sure to delight!
Set in a tranquil garden setting at The Marker development in West Melbourne, these expansive, sun-drenched apartments encourage indoor-outdoor living just minutes to the City centre and on the doorstep of North Melbournes boutique caf strip. The Marker Apartments introduce uncomplicated designer living to West Melbourne.

Apartment 312 features;
- Fantastic Kitchen with Miele appliances and ample storage, separate dining area
- Spacious living area with floor to ceiling doors which open out to the sun drenched balcony
- Bedroom includes built in robe and is flooded with light through the floor to ceiling windows
- Beautifully appointed bathroom

Your perfect next purchase, here is why:

Unbeatable location on the edge of the city bordering a tranquil, tree lined neighbourhood, with the cbd only 900m away

Flagstaff Gardens on your doorstep, Queen Victoria Market and North Melbourne village only moments away

Luxurious lobby and waiting lounge with concierge, Five-star residents amenity with a private club, designed to host cocktail parties and private business meetings. Expansive landscaped gardens providing a sanctuary for residents away from the bustle of city life

Daily retail essentials at your doorstep. A full line supermarket, specialty retailers and cafes within the complex

Exquisite finishings and stunning custom joinery pieces by plus architecture make The Marker West Melbournes most premium place to live

Walkers' & Riders' paradise

CALL SARAH STOCK TODAY TO BOOK YOUR PRIVATE APPOINTMENT - 0418 584 047

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Property History for 310/512-542 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 09 Feb 2021
    Listed for Sale $545,000
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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 -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 34 properties listed for sale, and 32 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 369 properties were sold in the past 12 months in West melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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