420 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

420 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 2259m2
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Property Details for 420 Spencer St, West Melbourne

420 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 2259m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
2017
Floor Size
49m2
Land Size
2259m2
Local Government
Melbourne
Lot/Plan
G06/PS737522

Last Listing description (July 2025)

This spacious one-bedroom apartment is one that you do not want to miss.

The bright air-conditioned living space has beautiful timber flooring and opens to a lovely balcony perfect to enjoy during that sunny day and an after-work vino! The open-plan kitchen has loads of storage and workspace with stone benchtops and stainless steel appliances. There is a spacious bedroom with BIRs, a sparkling central bathroom, and euro laundry. Don't delay to secure the best! Featuring premium lifestyle living, with gym, pool and entertainment rooms available.

All this is just on the edge of the CBD, close to public transport, Queen Victoria Market, restaurants, Flagstaff Gardens, Marvel Stadium and much, much more!

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Property History for 420 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,550,000
03 Aug 2019
Listed for Rent
$520/w
18 Aug 2022
  • 07 Jul 2023
    Listed for Rent $475 / week
  • 03 Aug 2019
    Sold for $1,550,000
  • 08 May 2019
    Sold for $412,500
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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, 374 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Cotality Copyright and Legal Disclaimers about Property Data
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.