508/429 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
OFF MARKET

508/429 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
Land area: 501m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 5 Jan 2026
Low
High
Share
Save

Property Details for 508/429 Spencer St, West Melbourne

508/429 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 501m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2016
Floor Size
46m2
Land Size
501m2
Local Government
Melbourne
Lot/Plan
509/PS711838

Last Listing description (February 2023)

**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW**

This apartment is positioned in the heart of West Melbourne location near the Flagstaff Garden, Queen Victoria Market, the station; Southern Cross Station, and Flagstaff station, and much more.

Comprises of the bedroom downstairs with bathroom, followed by the open-plan living/dining area upstairs which expands onto a versatile winter garden-style balcony. The kitchen is well-equipped with a four-burner gas cooktop, a dishwasher, a wall oven and plenty of storage. Here you'll also find an in-unit washing machine and fridge offering huge convenience for city living. Completing this top level layout is a powder room.

To apply for this property, please enter your details to register for an inspection (if you do not register you will not receive updates regarding any changes and/or cancellations). Please note: we are unable to accept tenancy applications until the property has been inspected. Simply click on EMAIL AGENT, enter your details and receive instant details of the inspection times. We look forward to meeting you at the inspection!

Show More

Property History for 508/429 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$300,000
25 Jan 2023
Listed for Rent
$480/w
02 Feb 2023
  • 25 Jan 2023
    Sold for $300,000
  • 25 Jan 2023
    Listed for Rent $480 / week
  • 03 Apr 2017
    Listed for Sale $370,000 OPEN TO OFFERS
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 8,471 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:

  • The median value for Houses in West Melbourne is $1,342,812 while the median value for Units is $507,741.
  • Houses have a median rent of $630 while Units have a median rent of $610.
There are currently 33 properties listed for sale, and 28 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in West melbourne.

West Melbourne Profile Page

Suburb Insights for West Melbourne 3003

Visit West Melbourne profile page
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
Visit West Melbourne profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED