5/567-571 Spencer St, West Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 712m2. While the property is not currently for sale or for rent, it was last sold in September 2010.
Urban Lifestyle Living
Converted from a former Henry B. Smith wool shed to offer three levels of architect designed contemporary style and space, this apartment is perfectly positioned minutes from the city centre, Victoria Market, Flagstaff Gardens and Docklands.
High ceilings and polished boards accentuate a sense of light and space through the open plan living/dining room with gourmet kitchen opening to alfresco terrace complete with city views. Two double bedrooms share a sleek modern bathroom with the lower level providing for a main bedroom (BIR/ENS) or easily adaptable space offering options for additional living, home theatre or office.
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 -2.68% decrease in median value, while Units have seen a -1.84% decrease. As at 31 December 2025:
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