510/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

510/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
Land area: 4024m2
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Property Details for 510/393 Spencer St, West Melbourne

510/393 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 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
2019
Floor Size
58m2
Land Size
4024m2
Local Government
Melbourne
Lot/Plan
510/PS801387

Last Listing description (September 2025)

510/393 Spencer Street, West Melbourne

Discover urban living at its finest with this contemporary two-bedroom, two-bathroom apartment, perfectly positioned on the city fringe. Located at the coveted 393 Spencer Street address, this residence offers not just a home, but a lifestyle of convenience and luxury. Whether you're an owner-occupier seeking comfort or an investor looking for a high-performing asset, this apartment ticks all the boxes.

Property Features:

Two Generous Bedrooms: Light-filled master bedroom with a sleek ensuite and walk-in wardrobe, plus a second spacious bedroom with built-in robes.
Modern Bathrooms: Both bathrooms feature premium finishes, including stone-topped vanities and rain showers.
Open-Plan Living: A sun-drenched living and dining area, highlighted by oversized windows that frame leafy city views.
Designer Kitchen: Boasting stone benchtops, Miele appliances, a mirrored splashback, concealed fridge space, soft-close cabinetry, and ample storage.
Private Balcony: Enclosed and versatile, ideal for all-weather enjoyment and entertaining.
Secure Parking & Storage: A dedicated car space and additional storage cage provide extra convenience.
Resort-Style Amenities:
Residents enjoy exclusive access to world-class facilities, including:

A podium garden with BBQ facilities.
Indoor swimming pool and fully equipped gym.
Lounge and cinema room, perfect for hosting friends.
Prime Location:

A short stroll to Flagstaff Gardens, Queen Victoria Market, and La Trobe Street trams.
Close to Flagstaff and Southern Cross Stations, offering seamless connectivity.
Within easy reach of RMIT, Melbourne University, and Docklands precinct.
In the sought-after University High School zone, ideal for families.
With its unbeatable location and luxurious inclusions, this is a rare opportunity to secure a premium property in the heart of Melbourne.

Dont miss out! Contact us today to arrange a private inspection:

Property History for 510/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$510,000
02 Jan 2025
Listed for Rent
$700/w
06 Dec 2023
  • 02 Jan 2025
    Sold for $510,000
  • 27 Nov 2024
    Listed for Sale $520,000-550,000
  • 05 Dec 2023
    Listed for Rent $700 / week
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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 8,464 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 26 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 368 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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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.