402/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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402/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 838m2
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Last updated 19 Jan 2026
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Property Details for 402/392 Spencer St, West Melbourne

402/392 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 54m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
2017
Floor Size
54m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
402/PS746007

Last Listing description (August 2023)

Metro Property Management offers you an innovate and creative one bedroom apartment perfectly situated in the stylish and sophisticated 'Bond Quarter' complex. Superbly located within 1km of the Melbourne CBD, refreshing Flagstaff Gardens, La Trobe Street and all the highlights the city fringe living has to offer!

This fourth floor stunner, offers an abundance of natural light, chic and expansive light filled, open plan living/dining areas with striking timber floorboards, contemporary kitchen with stone bench top, glass splashback and stainless steel appliances including dishwasher.

With the exceptional floorplan designed to maximise space, the spacious bedroom also presents built in robes, serviced by the notable modern bathroom, cleverly designed study nook and vast, private balcony.

Ensuring year round comfort, this designer apartment also offers reverse cycle air conditioning and audio intercom system with security access to building.

With its inviting unique heritage fa?ade, captivating features and quality designs you will not be disappointed.

Please ensure you include full information of all Pets in your application.

At Metro - we are property management.

Is this property not quite what you were looking for? Why not go to www.metropm.com.au and check out the other properties we have available.

RL EB

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Property History for 402/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$400,000
13 May 2016
  • 31 Jul 2023
    Listed for Rent $490 / week
  • 13 May 2016
    Sold for $400,000
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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 8,468 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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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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