406/392 Spencer Street, West Melbourne, VIC 3003 sold on 15 May 2025 | OnTheHouse
 
SOLD
Sold on 15 May 2025 for $321,000

406/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 838m2
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MRE South Yarra
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Property Details for 406/392 Spencer St, West Melbourne

406/392 Spencer St, West Melbourne is a 1 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 45m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
45m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
406/PS746007

Last Listing description (July 2025)

Experience the pinnacle of modern, low-maintenance living in this stylish 1 bedroom, 1 bathroom apartment, offering an exceptional contemporary design and premium finishes throughout. Flawlessly presented and accented in soft, neutral tones, the open-plan living/dining area is enhanced by timber floors and a sleek kitchen featuring stone surfaces and Smeg appliances. Start out or invest and appreciate the additional luxury of split-system heating/AC and full-width private balcony. Ideally located on the edge of the CBD, this address offers easy access to trams, trains and bike paths, and is just moments from Flagstaff Gardens, shops, restaurants and bars.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 406/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$321,000
15 May 2025
  • 15 May 2025
    Sold for $321,000
  • 07 Apr 2025
    Listed for Sale $321,000
  • 30 May 2016
    Sold for $375,000
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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 8,463 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.67% decrease in median value, while Units have seen a -2.66% decrease. As at 28 February 2026:

  • The median value for Houses in West Melbourne is $1,329,375 while the median value for Units is $513,214.
  • Houses have a median rent of $640 while Units have a median rent of $620.
There are currently 30 properties listed for sale, and 14 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 401 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.

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