314/429 Spencer StreetWest Melbourne VIC 3003
Property Details for 314/429 Spencer St, West Melbourne
314/429 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Apartment.This Property is currently listed for rent with EIGHTH QUARTER
Last Listing description (May 2026)
This cleverly designed one-bedroom plus one study room, one-bathroom apartment offers a unique two-storey layout that maximises space and functionality, perfectly suited for professionals or couples seeking modern urban living in one of Melbourne's most well-connected locations.
The ground floor features a generous open-plan living and dining area seamlessly integrated with a fully equipped kitchen, complemented by a private balcony ideal for morning coffee or evening relaxation. Upstairs, the spacious bedroom is accompanied by a well-appointed bathroom and a versatile study nook, perfect for those working from home.
Property History for 314/429 Spencer St, West Melbourne, VIC 3003
- 12 May 2026Listed for Sale $300,000 - $330,000
- 12 May 2026Sold for $300,000
- 14 Apr 2026Listed for Rent $550 / 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 8,459 properties. Over the last 5 years, Houses in West Melbourne have seen a -16.97% decrease in median value, while Units have seen a -5.77% decrease. As at 30 April 2026:
- The median value for Houses in West Melbourne is $1,214,458 while the median value for Units is $519,281.
- Houses have a median rent of $738 while Units have a median rent of $625.
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