409/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in November 2016.
Perfectly located near Melbourne CBD, the apartment is close to everything that CBD can offer. Just walking distance to Flagstaff Garden and Southern Cross Station, it is easy to access public transport, retail shops, cafes, supermarkets and restaurants.
The free tram makes it easier to visit Melbourne University, RMIT, Yarra River, DFO, NGV and CBD shopping centers. And the Sky Bus at Southern Cross Station nearby take less than 30 minutes for travelers to go to the airport from CBD directly. This 1 bedroom 1 bathroom apartment with a car-park is a rare opportunity either for first home buyers or investors.
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 8,466 properties. Over the last 5 years, Houses in West Melbourne have seen a -3.06% decrease in median value, while Units have seen a 0.58% increase. As at 30 November 2025:
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