386-394 Spencer StreetWest Melbourne VIC 3003
Property Details for 386-394 Spencer St, West Melbourne
386-394 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 838m2 and floor size of 49m2.
Last Listing description (July 2025)
Situated at the rear of the development with the sun streaming in this apartment has loads to offer. 50sqm of internal living space means there is plenty of room for living!
The bright air-conditioned living space has beautiful timber flooring and opens to a lovely overside balcony perfect for your entertaining in summer and an after work vino! The open plan kitchen has loads of storage and workspace with stone benchtops, glass splashbacks and stainless steel appliances by SMEG. There is a spacious bedroom with BIR's, a large study nook, sparkling central bathroom and euro laundry completes the picture. Don't delay to secure the best!
All this just on the edge of the CBD, close to public transport, Queen Victoria Market, restaurants, Flagstaff gardens, Marvel Stadium and much, much more!
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Property History for 386-394 Spencer St, West Melbourne, VIC 3003
- 11 Apr 2025Listed for Rent $500 / week
- 16 Aug 2023Listed for Rent $525 / week
- 26 Jun 2023Listed for Rent $500 / 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 8,469 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.
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