814/420 Spencer Street, West Melbourne, VIC 3003 | Property Value & History | OnTheHouse
OFF MARKET

814/420 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 22 Dec 2025
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Property Details for 814/420 Spencer St, West Melbourne

814/420 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2017.

Building Type
Unit
Year Built
2017
Local Government
Melbourne

Last Listing description (October 2023)

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Situated in a brilliant location only a short walk from Flagstaff Gardens and Queen Victoria Market, this stylish one-bedroom apartment is sure to impress.

Offering:
- Stylish kitchen with ample storage space and stainless-steel appliances
- Sun-drenched balcony
- Study nook, ideal for those who are working from home

But wait, there's more!
- Sleek bathroom with quality fittings
- Open-plan living and dining area
- Reverse cycle heating and cooling
- Intercom
- Swimming pool
- Fully equipped Gym
- Recreation and Garden area

Easy access to:
- Local universities in the area include: University of Melbourne, Victoria University, Deakin University, Edith Cowan University (ECU), Melbourne Campus
- All your shopping needs are covered with Spencer Outlet Centre, The District Docklands, and Melbourne Central close by
- Breathe in nature at your nearby parklands: Docklands Park, Flagstaff Gardens, and Buluk Park

Property History for 814/420 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$350/w
12 Jan 2022
  • 11 Aug 2023
    Listed for Rent $480 / week
  • 07 Jul 2021
    Listed for Rent $350 / week
  • 27 Nov 2019
    Listed for Rent $450 / 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 8,466 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 13 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.