4/320 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

4/320 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 92m2
Land area: 363m2
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Property Details for 4/320 Spencer St, West Melbourne

4/320 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1920. The property has a land size of 363m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
1920
Floor Size
92m2
Land Size
363m2
Local Government
Melbourne
Lot/Plan
4/PS438640

Last Listing description (April 2012)

NEW YORK STYLE TWO STOREY WAREHOUSE APARTMENT
AN EDGY AND DISTINCTIVE LOFT STYLE, PLACES THIS PROPERTY APART FROM ALL OTHERS. IT HAS EXPOSED BRICK WALLS, CATHEDRAL CEILINGS, STAINLESS STEEL FINISHES, FLOODING NATURAL LIGHT AND AN AIR OF SOPHISTICATION & CHARM. THE TWO-BEDROOM APARTMENT IS ONE OF ONLY SIX APARTMENTS WITHIN SPENCER LOFTS, AND IS IMPRESSIVE IN SIZE AND EQUALLY MATCHED IN QUALITY. PROPERTY FEATURES: SPACIOUS KITCHEN WITH PLENTIFUL, STONE BENCHTOPS STAINLESS STEEL APPLIANCES, GAS COOKTOPS GENEROUSLY SIZED DINING & LIVING AREA BRIGHT BATHROOM WITH BATH & EUROPEAN LAUNDRY TWO BEDROOMS, ONE WITH FULL-LENGTH ROBES SECOND BEDROOM WITH WIR LARGE ENTRYWAY, HIGH CEILINGS THROUGHOUT WALL HEATING, INTERCOM ENTRY AND SECURE ENTRANCE FUNCTIONAL STUDY NOOK IDEAL FOR INVESTORS, PROFESSIONALS OR COUPLES LIVING IN THIS CENTRAL POSITION IS EXTREMELY APPEALING WITH A MYRIAD OF ENVIABLE LIFESTYLE OPTIONS ON OFFER. ENJOY DINNER OR A WEEKEND BREAKFAST AT ONE OF THE MANY LOCAL RESTAURANTS AND CAFES, SHOP UP A STORM ALONG BOURKE STREET MALL, THE DOCKLANDS AND WEST MELBOURNE OR INDULGE IN A WALK THROUGH THE FLAGSTAFF GARDENS TO THE QUEEN VICTORIA MARKET. WHEREVER YOU MIGHT GO, EASY ACCESS IS ENSURED WITH PLENTY OF TRAMS, BUSES AND TRAINS TO GET AROUND. FURTHERMORE, RMIT UNIVERSITY & OTHER SIGNIFICANT MELBOURNE COLLEGES ARE ALL WITHIN A SHORT DISTANCE.

Property History for 4/320 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$580,000
10 Mar 2018
Listed for Rent
$550/w
03 Aug 2005
  • 10 Mar 2018
    Sold for $580,000
  • 14 Dec 2011
    Listed for Sale AUCTION
  • 18 Nov 2011
    Sold for $415,000
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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 8,470 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 25 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 376 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.