605/392 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

605/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 838m2
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Property Details for 605/392 Spencer St, West Melbourne

605/392 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 838m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
2017
Floor Size
53m2
Land Size
838m2
Local Government
Melbourne
Lot/Plan
605/PS746007

Last Listing description (June 2024)

Only about a year new 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 neighbourhood surroundings. It is within walking distances to a series of best facilities, such as Flagstaff Gardens, multiple tram lines, Southern Cross Train Station, Queen Victoria Market, Crown Complex, and most appealingly, it is well within the zone of some of Melbourne's best schools and universities, such as Melbourne University, RMIT, the exclusive Melbourne Uni High and Haileybury College Campus.

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 having easy access to the second bathroom. There is a European laundry and A full range of furniture to bring convenient and high-quality live.
.

This property is available now. Don't miss your opportunity to live in this very rare property.
- Open plan living dining area spills to 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

General Features
- Property Type: Apartment
- Bedrooms:2
- Bathrooms:1
- Storage: 1
- Bond: 1 month

Allowances
- A Full Range of Furnished
- Living room: dining table, four chairs, sofa.
- bedroom 1: desk, bed, bedside table.
- bedroom 2: desk, bed.
- home appliances: refrigerator, washing machine
Indoor Features
- Toilets: 1
- Floorboards
- Air Conditioning

Outdoor Features
- Balcony

Other Features
- Built-In Wardrobes, Close to Schools, Close to Shops, Close to Transport

Property History for 605/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$561,000
01 Dec 2017
Listed for Rent
$700/w
06 Jun 2024
  • 03 May 2024
    Listed for Rent $700 / week
  • 19 Mar 2020
    Listed for Rent $580 / week
  • 01 Dec 2017
    Sold for $561,000
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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 8,466 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 33 properties listed for sale, and 14 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.