588 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

588 Spencer Street
West Melbourne VIC 3003

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 149m2
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Property Details for 588 Spencer St, West Melbourne

588 Spencer St, West Melbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 149m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
1900
Floor Size
130m2
Land Size
149m2
Local Government
Melbourne
Lot/Plan
1/TP223097

Last Listing description (August 2019)

Sought-after seclusion on the city's edge combines with beautiful period detail, excellent modern enhancement and peaceful garden enjoyment in this superb Victorian residence. An attractive balcony home with a landscaped north-rear alfresco area and delightful garden adding to the flexible two-level interior's private and quiet ambiance. Perfectly preserved period features are complemented by double-glazing, solar electricity and heating/cooling for elegant and sophisticated living. The versatile layout includes three bedrooms (or two and formal dining room), large living room and stunning stone kitchen/meals with stainless-steel appliances and Spotted Gum floor. There's a brilliant near-new bathroom, laundry and ample storage. University High School & North Melbourne Primary School zoned just a short stroll to Errol Street, QV Market, Flagstaff Gardens, hospitals and the CBD.
Jellis Craig Inner North Property Management invites you to inspect this property.
If you would like to inspect this property please click book inspection or make an appointment and we will be in contact to arrange a suitable time. Alternatively, you can email the agent or visit the property listing on www.jelliscraig.com.au and click Book Inspection.

Property History for 588 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$1,260,000
29 May 2019
Listed for Rent
$720/w
19 Aug 2019
  • 17 Jul 2019
    Listed for Rent - Price not available
  • 29 May 2019
    Sold for $1,260,000
  • 09 May 2019
    Listed for Sale $1,385,000
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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 8,466 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, 380 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.