505/393 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 4024m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.
Welcome to Melbourne Villagea beautifully appointed two-bedroom, two-bathroom apartment with one secure car space, perfect for professionals, small families, or investors seeking style, comfort, and unbeatable convenience.
Situated just moments from Flagstaff Gardens, Queen Victoria Market, Docklands, and Collins Street, this home places you in the heart of Melbournes vibrant lifestyle precinct. Youll enjoy seamless access to public transport including trams, trains, and buses, with Melbourne University, RMIT, and the CBD just minutes away. Zoned for the sought-after University High School (STA).
With sophisticated finishes throughout, this is urban living at its best.
FEATURES:
- Expansive open-plan living and dining area with sleek timber floors and full-height windows flooding the space with natural light
- Stylish kitchen with Miele appliances, white stone benchtops, mirrored splashback, and ample storage
- Two spacious bedrooms with plush carpet and built-in wardrobes, including a master with ensuite
- Two luxurious bathrooms featuring modern finishes and elegant design
- Ducted heating and cooling for year-round comfort
- Secure car space included
BUILDING FACILITIES:
- 25m indoor pool
- Fully equipped gym and wellness room for classes or solo sessions
- Private cinema room for movie nights, sports events, and karaoke
- Landscaped central garden a tranquil space to relax or entertain
- Business lounge ideal for working from home
- Bike storage for added convenience
Dont miss this rare opportunity to secure a premium apartment in one of Melbournes most exciting lifestyle addresses.
The size of West Melbourne is approximately 6.7 square kilometres. There are 14 parks, covering nearly 2.4% of the 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 8,465 properties. Over the last 5 years, Houses in West Melbourne have seen a -19.99% decrease in median value, while Units have seen a -5.28% decrease. As at 31 May 2026:
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