604/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

604/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 838m2
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Last updated 12 Jan 2026
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Property Details for 604/392 Spencer St, West Melbourne

604/392 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 838m2.

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

Last Listing description (January 2026)

This apartment is just a few years old and situated right on the vibrant Spencer St on the Western Edge of Melbourne CBD. Bond Quarter Tower has inherited the historical architecture and successfully matched the local style of neighborhood surroundings.

Set up on the 6th floor of the Bond Quarter Tower complex is this spacious two-bedroom apartment which excellent-sized bedrooms are carpeted and include mirrored built-in robes, with the master bedroom featuring an ensuite and the second bedroom. There is a European laundry and A full range of furniture to bring a convenient and high-quality life.

The apartment also features:

- Open plan living dining area spills to the balcony
- Sleek modern kitchen
- Bathroom is fresh bright and white
- Master bedroom with incredible views and an en-suite
- Both bedrooms have windows, natural light & ventilation
- Heating & cooling, so it's perfect all year round
- Popular West Melbourne location just a stone's throw from the City
- Secured entrance and car park
-Large storage

Important Note: The property comes with all the white goods and furniture as shown in the photos. These are complimentary from the owner and aren't part of the lease and will not be replaced or repaired during the tenancy and will fall under the tenant's responsibility if stopped working they can just throw it out on their own. The property doesn't come with any car parking spot as well.

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Property History for 604/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$620/w
27 Nov 2023
  • 09 Dec 2025
    Listed for Rent $680 / week
  • 08 Nov 2023
    Listed for Rent $580 / week
  • 10 Nov 2022
    Listed for Rent $560 / week
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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 -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 25 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.