414/377 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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414/377 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 12 Jan 2026
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Property Details for 414/377 Spencer St, West Melbourne

414/377 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Melbourne

Last Listing description (March 2021)

This well considered one bedroom, one bathroom apartment will be sure to impress, ideal for those looking to invest or to own and occupy, this stunning apartment with large outdoor entertaining area in the recently completed development Melbourne Village, is located just out of the CBD in West Melbourne.

Enjoy the high-quality finishing with timber floors throughout, an open plan fully-fitted kitchen, living and dining area leading out to your own expansive private balcony ideal for entertaining with friends and family.

The master bedroom is filled with natural light from large windows and is completed with built-in-robes. You will find a master bathroom next to the bedroom and the convenience of one on-site car park and dedicated storage unit. For your comfort the apartment has been fitted with a split system air conditioner and heater.

Melbourne Village is a striking development with five-star on-site facilities including luxury indoor pool, wellness room, fully equipped gym, lounge areas, theatre room, tranquil outdoor garden, library lounge and world class concierge services.

This ideal location is within walking distance to Melbournes CBD providing you the ultimate city living experience. Enjoy the benefits this location offers with endless dining options, entertainment precincts, Marvel Stadium, Queen Victoria Market and retail shopping all close by.

Please call Matt Stedman to arrange a private inspection on 0405 129 100 or 1300 652 532 for further information.

For private inspections between 11-12pm Saturday please call 0405 129 100.

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Property History for 414/377 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 07 Dec 2020
    Listed for Sale Contact Agent
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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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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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