601/386-392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

601/386-392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 78m2
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Property Details for 601/386-392 Spencer St, West Melbourne

601/386-392 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 78m2 and floor size of 80m2.

Building Type
Unit
Year Built
2018
Floor Size
80m2
Land Size
78m2
Local Government
Melbourne

Last Listing description (May 2019)

2 Bedroom and 2 Bathroom along with Car Park + Storage in West Melbourne with 70sqm internal and 8sqm external area.
Ideally located on the precipice of the Melbourne City hustle and bustle, Residents can enjoy Flagstaff Gardens as its backyard, whilst also only being a stone s throw away from the best in dining, entertainment, retail and transport.
Set within a heritage listed, triple-fronted building on Melbourne s famous Spencer Street, the development creates its own architectural statement, distinguishable from the surrounding architecture.

Project in the heart of Melbourne with proximity to Federation Square and the Melbourne Museum, as well as shopping hubs Bourke Street Mall, Emporium and Melbourne Central are only a short stroll or tram ride away. Great coffee and a unique lifestyle in suburbs such as North Melbourne, Brunswick and Fitzroy.
Book a Private Presentation today! Contact Simran Sablok on 0474778400 Raj on 0434477122 for more information.

Property History for 601/386-392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 17 Sep 2018
    Listed for Sale Not Disclosed
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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 34 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.