603/393 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

603/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4024m2
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Property Details for 603/393 Spencer St, West Melbourne

603/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 4024m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

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

Last Listing description (January 2025)

An affordable expression of north-facing luxury, this impeccable 1 bedroom apartment stands out in style as an exceptional first home, town base or a high-return investment on the very cusp of the city. Venture downstairs and stroll to the CBD, Flagstaff Gardens, university choice, multiple transport options including the free tram zone, Marvel Stadium and Queen Victoria Market.

Sunlit and spacious open-plan living and dining pivots an L-shaped kitchen with sleek stone surface, a concealed fridge space, soft-closing cabinetry and high-quality Miele appliances including a 4-burner gas cooktop. Superbly set on the sixth floor, floor-to-ceiling glass slides open to reveal a sheltered balcony expertly capturing the warmth of northern light and striking skyline views towards the horizon. A mirror-robed bedroom shares the spectacular aspect, serviced by a deluxe bathroom offering a fully tiled shower area, mirrored cabinetry and rainfall/hand-held shower fittings. Additionally, a fully fitted study zone takes care of any work-from-home duties.

Take advantage of secure parking, a European Laundry, split-system heating and cooling, double glazing, roller blinds, and recessed down-lighting. The exclusive Melbourne Village complex comes complete with an onsite building manager, handy bike storage, intercom security, and exemplary resort-style access to a 25m indoor lap pool, well-equipped gym, BBQ garden terrace, cinema, yoga room, library, and a shared lounge. Inspect with certainty!

Property History for 603/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$460,600
28 Feb 2017
Listed for Rent
$420/w
03 Aug 2020
  • 12 Nov 2024
    Listed for Sale $465,000 - $490,000
  • 15 Jul 2020
    Listed for Rent $420 / week
  • 28 Feb 2017
    Sold for $460,600
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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 32 properties listed for sale, and 13 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.