507/429 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 501m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
With a dual level design that is low-maintenance and incredibly smart, and located at the enviable west end of the CBD where you're so close to Flagstaff Gardens and exciting Docklands attractions, this 1 bedroom apartment is a rare find.
Bright living and meals on the ground floor is enhanced by contemporary flooring, and feeds into the low-maintenance straight line stone kitchen with stainless steel appliances and laundry facilities. There is a balcony off the living which exhibits tree top views, meanwhile upstairs, the very private bedroom is bathed in natural light while offering mirrored built-in robe. Other highlights include a beautiful sleek bathroom on the top floor, split system cooling, and secure intercom entry.
So close to charming North Melbourne cafes and restaurants, Spencer Outlet Centre, Marvel Stadium, Coles and Asian supermarkets, Queen Victoria Market, Haileybury College, trams, and Southern Cross Station with Skybus to Melbourne Airport.
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 8,465 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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