404/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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404/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 838m2
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Last updated 12 Jan 2026
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Property Details for 404/392 Spencer St, West Melbourne

404/392 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 838m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
2018
Floor Size
51m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
404/PS746007

Last Listing description (February 2024)

One of West Melbournes newest boutique apartments. Bond Quarter is in the heart of Melbournes inner sanctum, ideally located on the precipice of the Melbourne City hustle and bustle, the best of the CBD is right on Bond Quarters doorstep. Enjoy Flagstaff Gardens as your backyard, whilst also only being a stones throw away from the best of Melbournes dining, entertainment, retail, and transport including the free tram precinct.

A promise of beautiful living, spacious well-designed apartments, with timber floors and open plan living, well-appointed bathrooms, and built-in robes. This apartment is supported by onsite property management, Bond Quarter delivers a luxurious, and modern lifestyle.

Within walking distance to Melbournes renowned hotspots including Errol Streets village scene and shopping precinct and the iconic Queen Victoria Market transporting you from breakfast to lunch.

This 2-bedroom apartment features:
Spacious open plan living area
Timber floorboards to living areas
Reverse Cycle Air conditioning
Modern Kitchen including full height cabinetry providing ample storage
European stainless steel appliances including dishwasher, range hood, electric oven and cook top
Island bench
Stone bench tops
BIRs with sliding mirror doors
Beautifully appointed sparkling bathroom, with quality finishes and fittings
Blinds
Internal laundry
Modern finishes throughout
Secure undercover storage cage
Audio intercom system
Pre-cabled for Foxtel, Free-to-Air TV and phone
High Speed Internet available

Furniture and white goods include:
TV unit
2 double beds with mattress
2 study table with chair
Fridge
Microwave
Washing machine

[Important Information]
Open for Inspection: To experience the charm of this property firsthand, please register to attend our open house viewings. Please note that open for inspection times and property availability are subject to change or cancellation without notice.

How to View: To schedule a viewing, click on 'Book an Inspection Time' or register your interest for the next scheduled inspection through the same button. Don't miss this opportunity to secure your spot in this thriving community.

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Property History for 404/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$507,520
04 Jul 2018
Listed for Rent
$700/w
28 Feb 2024
  • 09 Feb 2024
    Listed for Rent $700 / week
  • 30 Jan 2023
    Listed for Rent $650 / week
  • 04 Jul 2018
    Sold for $507,520
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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, 375 properties were sold in the past 12 months in West melbourne.

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© 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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