501/393 Spencer StreetWest Melbourne VIC 3003
Property Details for 501/393 Spencer St, West Melbourne
501/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit 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 April 2025. There are other 1 bedroom Unit sold in West Melbourne in the last 12 months.
Last Listing description (May 2025)
Sold
THE DEAL
Set between Melbournes CBD and the waterfront, this Melbourne Village apartment offers city views and a well-designed layout. Floor-to-ceiling windows bring in natural light, complementing timber floors in the open-plan living and dining area. A private balcony extends the space, while the kitchen impresses with benchtops, a mirrored splashback, and ample storage. A built-in workstation and European laundry add everyday convenience.
SEALS THE DEAL
Melbourne Village delivers 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 complete the offeringan ideal opportunity for investors or city dwellers seeking a low-maintenance lifestyle.
Property History for 501/393 Spencer St, West Melbourne, VIC 3003
- 28 Apr 2025Sold for $340,000
- 25 Mar 2025Listed for Sale THE DEAL: Sold
- 28 Nov 2024Listed for Rent $585 PER WEEK
Recent sales nearby
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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 -3.06% decrease in median value, while Units have seen a 0.58% increase. As at 30 November 2025:
- The median value for Houses in West Melbourne is $1,279,634 while the median value for Units is $516,591.
- Houses have a median rent of $625 while Units have a median rent of $600.
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