506/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

506/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4024m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 506/393 Spencer St, West Melbourne

506/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom House 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 November 2016.

Building Type
House
Year Built
2019
Land Size
4024m2
Local Government
Melbourne
Lot/Plan
506/PS801387

Last Listing description (April 2025)

Conveniently positioned on Spencer Street, adjacent to Southern Cross Station and Marvel Stadium, Flagstaff Gardens and one of Melbournes most entertaining precincts by the water, Waterfront city with live music venues and eclectic bars littering the street scene in North and West Melbourne. Melbourne Village is a short commute to the citys must-see attractions.

This furnished apartment features;

- Open plan living and dining area with sofa, coffee table and TV

- Modern kitchen with European quality appliances

- Euro style laundry with washing machine and dryer

- Sparkling bathroom

- Good size bedroom with a queen-size bed and BIR

- A private balcony can be accessed from the living room and bedroom

- Central heating & cooling air conditioning

Building facilities include:

A central elevated garden on level 3 with sun lounges.

Silent reading nooks and dining spaces for entertaining.

A library lounge with a private bar.

A gym and wellness centre with a full-sized yoga and treatment room.

A luxury 25-metre indoor pool.

BBQ facilities and bookable spaces.

Friendly concierge.

Easy access to RMIT University, University of Melbourne, West Gate Freeway (M1), CityLink (M1) and so much more.

---------

Book an Inspection is easy! Click "Request A Time" or "Get In Touch" online to book an inspection and receive instant SMS/Email confirmation. This way, you won't miss out on inspections, price changes, or similar properties we think you'll like. We assure you your details are confidential and only used to help you find the perfect property.

Alternatively, call 0499799771 for more information.

Please check your inbox/spam mailbox for booking confirmation.

Photo ID May Be Required at All Inspections.

Please Note:

- Open for Inspection Times and Property Availability are subject to change or cancellation without notice.

- Photos are for advertising purposes only. While we strive to use the most accurate photos possible, they may not reflect the current condition of the property. We strongly recommend attending an inspection to confirm the property's condition. Please make sure you are satisfied with the property's current condition before applying.

Applying is easy! Just click on this link to browse our available properties and submit your application using our convenient 2Apply system.

https://www.tenantapp.com.au/Rentals/Agency/DiamondPropertyManagement

Property Code: 1139

Property History for 506/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$452,100
21 Nov 2016
Listed for Rent
$640/w
03 Mar 2025
  • 03 Mar 2025
    Listed for Rent $640 / week
  • 26 Oct 2022
    Listed for Rent - Price not available
  • 20 Oct 2021
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 8,466 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.
There are currently 33 properties listed for sale, and 14 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 382 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

Market Insights
West Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
West Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.