602/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

602/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 4024m2
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Property Details for 602/393 Spencer St, West Melbourne

602/393 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 70m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2019
Floor Size
70m2
Land Size
4024m2
Local Government
Melbourne
Lot/Plan
602/PS801387

Last Listing description (January 2026)

Positioned within a rare and tightly held pocket of West Melbourne, this thoughtfully designed residence offers a unique sense of space and privacy, along with the assurance of long-term CBD, Melbourne Star, and northern skyline views.

Designed with comfort and tranquillity in mind, the generous open-plan living and dining area features high-quality timber flooring and impressive 2.7-metre-high, double-glazed, curved floor-to-ceiling windows. These deliver excellent acoustic insulation while beautifully framing the city outlook and creating a calm, light-filled living environment.

The contemporary stone kitchen combines style with functionality, complete with a breakfast bar and premium stainless steel appliances, including a Miele oven and cooktop and a Bosch integrated dishwashermaking it ideal for both everyday living and entertaining.

In addition, the apartment is fitted with a high-quality automated smart blind system and smart-connected lighting, with attention to detail that further enhances the overall living experience. The property has been meticulously maintained by a very caring owner and is presented in near-new condition, allowing the next owner to move straight in with confidence and minimal additional outlay.

Both bedrooms are finished with quality carpeting, creating warm and relaxing private spaces. The master bedroom includes a stylish ensuite, while the main bathroom is conveniently located adjacent to the second bedroomideal for guests or family living.

Key Features
Spacious open-plan living and dining area with timber flooring
2.7-metre-high double-glazed curved windows offering comfort, quiet, and skyline views
Stone kitchen with breakfast bar and premium appliances, including Miele oven and cooktop and Bosch integrated dishwasher
High-quality automated blind system and smart-connected lighting
Two comfortable carpeted bedrooms
Master bedroom with ensuite and well-positioned central bathroom
European laundry
Ducted heating and cooling to living areas and master bedroom
Secure video intercom entry
Secure car space plus storage cage
Resident Amenities at Melbourne Village
24-hour concierge service
25-metre indoor heated swimming pool with showers, toilets, and locker facilities
Fully equipped gym
Dedicated yoga room
Library
Conference room
Private cinema
Sky garden with BBQ facilities
Location Highlights
Approximately 300 metres to trams within the Free Tram Zone
Easy walking distance to Southern Cross Station
Close to Flagstaff Gardens, Marvel Stadium, and Docklands waterfront dining
Convenient access to North Melbourne cafs and Queen Victoria Market
CBD shopping and dining precinct just moments away
Nearby Asian grocery stores, Coles, and Aldi supermarkets
Close to leading universities, including RMIT (approximately 1.3 km) and the University of Melbourne (approximately 1.8 km)
Zoned for University High School
Haileybury private school within 300 metres
Whether you are seeking a low-maintenance owner-occupier residence with long-lasting city views or a quality investment in a consistently high-demand inner-city location, this apartment delivers outstanding comfort, convenience, and long-term appeal.

All enquiries must include a contact phone number.

For an up to date copy of the Due Diligence Checklist, please visit
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All stated dimensions and information are approximate only and do not constitute any representation by the vendor or agent.

For further information or to arrange an inspection, please contact Malcolm Lee 0422888201.

Property History for 602/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$610,000
27 Sep 2022
  • 07 Jan 2026
    Listed for Sale $615,000 - $660,000
  • 27 Sep 2022
    Sold for $610,000
  • 14 Jul 2022
    Listed for Sale $590,000 - $640,000
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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 8,469 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 36 properties listed for sale, and 22 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.

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.