708/420 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
 
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708/420 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 12 Jan 2026
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Property Details for 708/420 Spencer St, West Melbourne

708/420 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2017.

Building Type
Unit
Year Built
2017
Local Government
Melbourne

Last Listing description (September 2020)

Two spacious bedrooms, floor to ceiling windows are the essentials to the modern living.
The contemporary kitchen design services the meals area which is complete with quality, integrated dish drawer and chrome tapware to make cleaning a breeze. Bathroom offers large flooring tiles.

This complex offers secure building entry, on-site building manager is available for assistance, residents-only lift access and impeccably kept common areas, which include indoor heated pool, gymnasium, roof garden and a BBQ facility.

Proudly positioned at the northwest edge of the Melbourne City grid, and at the doorstep of the sprawling Flagstaff Gardens, Spencer Melbourne's contemporary designed apartments are walking distance to the best the CBD has to offer. The residents can enjoy an abundance of retailers, dining at the nearby restaurants, a short stroll to the iconic Queen Vic Market and accessible to the prestigious universities such as Melb Uni and RMIT.

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Please call us on 0433 829 969 or email us to arrange for an inspection!

Loving Hut Real Estate Pty Ltd T/A Ivy Real Estate
Address: Opposite 220 Spencer St, Melbourne, VIC3000 (ShopB5, 99 Spencer St)

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Property History for 708/420 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$400/w
01 Sep 2020
  • 20 May 2020
    Listed for Rent $400 / 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.

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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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