617-643 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
OFF MARKET

617-643 Spencer Street
West Melbourne VIC 3003

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Property Details for 617-643 Spencer St, West Melbourne

Building Type
Commercial
Local Government
Melbourne
Lot/Plan
3/SP25664

Last Listing description (September 2020)

MANHATTAN MEETS WEST MELBOURNE - EXPRESSIONS OF INTEREST NOW CLOSED

A remarkable opportunity to purchase a fully renovated three (3) level building with a total area of 1020sqm*

Highly desirable New York style oce space featuring polished concrete floors, high ceilings and large open plan spaces


Outstanding natural light throughout whole building. Amazing views in all directions

Fully functional open-plan configuration with each floor serviced by male & female bathrooms, kitchen, elevator and six (6) car spaces on title

Historical West Melbourne charm - once home to the White Crow tomato sauce factory dating back to 1930's*

Occupy, invest or subdivide exible mixed use zone providing for multiple commercial and/or residential repositioning opportunities

Highly accessible by multiple transportation networks and all major arterials including the Citylink network providing unparalleled access to the Melbourne CBD and Greater Melbourne

EXPRESSIONS OF INTEREST NOW CLOSED

For more information please contact the exclusive sales and marketing agents:

CBRE

TIM LAST
+61 437 070 300

ALEX BRIERLEY
+61 447 974 447

VINCI CARBONE

FRANK VINCI
+61 418 375 375

JOESEPH CARBONE
+61 418 351 316

approx*

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Property History for 617-643 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 21 Sep 2020
    Listed for Sale EXPRESSIONS OF INTEREST NOW CLOSED
  • 20 Sep 2018
    Sold - Price Undisclosed
  • 18 Aug 2017
    Listed for Sale EXPRESSIONS OF INTEREST NOW CLOSED
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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 8,468 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.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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