408/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Apartment sold in West Melbourne in the last 12 months.
Set between Melbourne's CBD and the waterfront, this Melbourne Village apartment enjoys city views and a thoughtfully designed layout. Floor-to-ceiling windows invite abundant natural light, complementing the timber floors in the open-plan living and dining area. A private balcony extends the living space, while the kitchen features stone benchtops, a mirrored splashback, and ample storage and European laundry add everyday convenience.
The bedroom is fitted with built-in robes and soft carpeting, creating a comfortable and private retreat. Secure video intercom entry provides peace of mind, while the location places dining, shopping, entertainment, and transport links right at your doorstep, with easy access to the airport and major roadways.
Residents of Melbourne Village also enjoy a range of resort-style amenities, including a 25m indoor pool, gym, wellness room, private cinema, and landscaped gardens. A business lounge, bookable spaces, and secure bike storage further enhance the offering, making it an appealing option for investors or city residents seeking a low-maintenance lifestyle.
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 8,464 properties. Over the last 5 years, Houses in West Melbourne have seen a -12.75% decrease in median value, while Units have seen a -3.57% decrease. As at 31 March 2026:
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