388 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

388 Spencer Street
West Melbourne VIC 3003

Bedrooms: 4
Bathrooms: 3
Car spaces: 5
Land area: 838m2
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Property Details for 388 Spencer St, West Melbourne

388 Spencer St, West Melbourne is a 4 bedroom, 3 bathroom Unit with 5 parking spaces and was built in 2017. The property has a land size of 838m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
2017
Land Size
838m2
Local Government
Melbourne
Lot/Plan
2R/PS746007

Last Listing description (January 2021)

Incredible volume and space combine to create an environment where every room features windows and a true sense of quality. With unmatched style and substance this is a lifestyle opportunity that offers a way of living not available in any other city building.

Multiple outdoor terraces provide an exceptionally large entertaining environment that transcends and eclipses the traditional model. With an enormously versatile floor plan the home comprises 3 well-proportioned bedrooms and a smart study/office, custom joinery and beautiful colour palettes confirm the architectural influence and attention to detail.

The master suite is oversized and embellished with a massive walk in robe and gorgeous ensuite bathroom. A highlight feature is the retreat/multi-purpose room which could easily make a 4th bedroom, cinema room , games or family room.

A simply gorgeous kitchen with beautiful benchtops and walk in pantry ensures incredible entertaining capacity. A stunning bathroom with superb upright bath and Sauna are a unique addition.

This is a remarkable property with real scale and expression designed as a home in the sky without comprise. 5 car spaces are accessed by a state of the art lift system and 5 storage rooms provide incredible practicality. This is simply a work of art but one that also delivers the practical requirements of a buyer looking to transition into the city while not making any sacrifices to the living experience.

The exceptional location is close to Queen Victoria Market and all Melbourne has to offer with the amenity of this prime geography.

PLEASE CALL ANTON WONGTRAKUN ON 0419 352 888 TO MAKE A PRIVATE VIEWING TIME!

Property History for 388 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$679,250
07 Aug 2017
  • 20 Sep 2019
    Listed for Sale $2,165,000
  • 07 Aug 2017
    Sold for $679,250
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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 8,467 properties. Over the last 5 years, Houses in West Melbourne have seen a -3.06% decrease in median value, while Units have seen a 0.58% increase. As at 30 November 2025:

  • The median value for Houses in West Melbourne is $1,279,634 while the median value for Units is $516,591.
  • Houses have a median rent of $625 while Units have a median rent of $600.
There are currently 32 properties listed for sale, and 13 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 377 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.