366-370 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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366-370 Spencer Street
West Melbourne VIC 3003

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 265m2
Land area: 349m2
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Property Details for 366-370 Spencer St, West Melbourne

Building Type
Land
Floor Size
265m2
Land Size
349m2
Local Government
Melbourne
Lot/Plan
1/TP244721

Last Listing description (December 2018)

Auction:
Thursday 18 October 2018 at 1pm on-site.

Rare opportunity to acquire a boutique development site located in Melbourne's premier growth corridor.

- Land Area: 345m2
- Rear access
- Mixed Use zoning
- Short term lease
- 14 metre frontage

Please call for further information or to arrange an inspection.

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Property History for 366-370 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$3,815,000
18 Oct 2018
Listed for Rent
$1.15k/w
17 Oct 2016
  • 18 Oct 2018
    Sold for $3,815,000
  • 17 Sep 2018
    Listed for Sale Auction 18/10/18
  • 10 Aug 2016
    Listed for Rent $60,000 / year
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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 8,468 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:

  • 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 36 properties listed for sale, and 22 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in West melbourne.

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