7/561 Spencer StreetWest Melbourne VIC 3003
Property Details for 7/561 Spencer St, West Melbourne
7/561 Spencer St, West Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1940. The property has a land size of 703m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Last Listing description (November 2025)
*Property does NOT include furnishings. Only furnishing included is the wall mounted TV as shown in photos.*
This converted former Wool Store is now a classic residential development. This modern apartment comprises an entrance hall, three spacious bedrooms, and a study on the first level. Master bedroom with WIR and ensuite, a second bathroom, toilet and laundry.
The second level presents a majestic high ceiling dining area, lounge and modern kitchen with quality fittings and appliances. Lounge area includes wall mounted TV. Features brilliant views of the CBD, excellent security, an entertainers alfresco balcony with double glazed windows and two secure car spaces & lock up storage cage.
This townhouse is superbly located on the edge of the CBD, and only minutes from the vibrant Docklands Precinct, and only a short stroll to Errol street with its famous shops & cafes.
*Our policy requires for you to view the property in person or have someone inspect it on your behalf before any application is considered*
*You don't need to register to inspect the property. You will be checked in at the inspection with a QR code*
Property History for 7/561 Spencer St, West Melbourne, VIC 3003
- 24 Oct 2025Listed for Rent $1,100 / week
- 19 Aug 2015Sold for $880,000
- 06 Mar 2015Listed for Rent $715 / week
Recent sales nearby
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0About 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 8,465 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.
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