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

601/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 838m2
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Property Details for 601/392 Spencer St, West Melbourne

601/392 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 838m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
2017
Floor Size
70m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
601/PS746007

Last Listing description (March 2025)

FURNISHED - Two bedroom two bathroom apartment.
This 2-bedroom apartment offers an ideal location, situated on the edge of Melbourne City?s vibrant precinct and within the Melbourne University High School Zone (STA). Perfect for local professionals or international students.

Nestled in a heritage-listed, triple-fronted building on Spencer Street, Bond Quarter stands out with its unique architectural design. The apartment boasts high-quality modern fixtures and finishes, complemented by ample natural light flooding through.

Key features include:

- Spacious master bedroom with built-in robes and ensuite.
- Second bedroom with built-in robes.
- Contemporary kitchen with abundant storage, premium SMEG appliances, stone benchtops, and breakfast stool space.
- Well-appointed bathroom with a functional mirror cabinet, rain shower head.
- Concealed European laundry with ample space for a washing machine and dryer.
- Additional storage cage.

With Flagstaff Gardens as your backyard, you?re only a short stroll from Melbourne Central, Emporium, QV, and transport within the free tram zone. Enjoy easy access to Queen Victoria Market, universities, and more! Contact your property consultant for more information.

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Property Consultant.

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

A timeline of how this property has performed in the market
Last Sold
$610,000
08 Nov 2019
  • 19 Feb 2024
    Listed for Rent $760 / week
  • 08 Nov 2019
    Sold for $610,000
  • 10 Sep 2019
    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 8,470 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 37 properties listed for sale, and 19 properties listed for rent in West melbourne on OnTheHouse. According to Cotality's data, 372 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.