312/429 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

312/429 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 44m2
Land area: 501m2
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Property Details for 312/429 Spencer St, West Melbourne

312/429 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 501m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
Unit
Year Built
2015
Floor Size
44m2
Land Size
501m2
Local Government
Melbourne
Lot/Plan
313/PS711838

Last Listing description (March 2026)

This well-maintained LOFT bedroom apartment is located adjacent to Melbourne's famous Flagstaff Gardens, offering an excellent home for those seeking absolute convenience in the heart of the City CBD or a modern city lifestyle.

This apartment is conveniently located within walking distance to Docklands Harbour city, Southern Cross and Flagstaff stations.

Featuring an open-plan living area with floorboards and reverse-cycle air conditioning, a modern stone kitchen with a gas cooktop, and appliances including a dishwasher, oven, and washing machine.

The upper level boasts a generous bedroom with built-in robes and a fully equipped bathroom with a shower, toilet, and vanity. Enjoy stunning city views from the comfort of your own home.

Additional features include a security intercom and reverse-cycle air conditioning.
*Please note, the use of the facilities is subject to the completion and building rules.

Terms: 12 months or negotiation.

Open for Inspection: See Inspections Section or click contact agent to arrange a private inspection. A photo ID is required at all inspections.

*Please note: Property availability and open-for-inspection times are subject to change or cancellation without notice. Photos are for advertisement purposes only.

Property History for 312/429 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$351,450
14 May 2013
Listed for Rent
$270/w
30 Jul 2021
  • 31 Mar 2026
    Listed for Rent $515 / week
  • 24 May 2021
    Listed for Rent $270 / week
  • 24 Jul 2020
    Listed for Rent $280 / 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 8,464 properties. Over the last 5 years, Houses in West Melbourne have seen a -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:

  • The median value for Houses in West Melbourne is $1,253,332 while the median value for Units is $518,305.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 41 properties listed for sale, and 10 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 404 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.