SOLD
Sold on 01 Jul 2024 for $405,000

501/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Sold By
Area Specialist Burnside
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Property Details for 501/393 Spencer St, West Melbourne

501/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2019. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
50m2
Local Government
Melbourne
Lot/Plan
501/PS801387

Last Listing description (February 2025)

TO APPLY: please click "Get in touch" or "Enquire" & a link will be sent to you. Please also register for each inspection to be kept up to date with changes.

Nestled amidst the vibrant energy of Melbourne's CBD and the dynamic waterfront, Melbourne Village presents an abode that exudes opulence and enduring elegance. Offering breathtaking, unobstructed views and impeccably crafted interiors, this residence embodies the essence of sophisticated Melbourne living.

Enjoying a privileged location, residents find themselves in proximity to Melbourne's renowned dining, shopping, entertainment, arts, and sports districts. With convenient access to public transportation at your doorstep and easy connections to major roadways leading to the airport and Victoria's attractions, Melbourne Village ensures seamless connectivity for its inhabitants.

Features:

Expansive floor-to-ceiling windows complement the open living/dining area, adorned with stunning timber floorboards and an attached balcony offering breathtaking views of Melbourne's cityscape.
The kitchen boasts sophisticated MIELE appliances, including an integrated dishwasher, elegant stone benchtops, mirrored splashback, concealed fridge cavity, and ample cabinetry for storage.
European laundry facilities for convenience.
Bedrooms are fully carpeted and equipped with mirrored built-in robes.
Includes a built-in workstation, split-system heating/cooling, and a secure video intercom system.

Facilities:
Access to a 25m indoor pool.
On-site gym and wellness room.
Enjoy movie nights in the cinema room.
Relax in the tranquil central garden or engage in reading at the library lounge.
Utilize the business lounge and bookable spaces.
Convenient bike storage is available.

To apply, please click "Get in touch" or "Enquire" & a link will be sent to you. Please ensure each adult completes an application form, which includes 100 points of ID for each applicant. We complete thorough reference checks on all applicants including the verification of ID through the appropriate authorities. It is compulsory for all our renters to conduct a National Tenancy Data (NTD) base Check. Please register for each inspection for priority access & to inform our agents of your attendance. This will ensure you are kept up to date with any information regarding the property & any changes or cancellations of inspection times. To be kept informed of future inspections, please click "Contact Agent".

Photo ID is required for entry.

Property History for 501/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$405,000
01 Jul 2024
Listed for Rent
$340/w
20 Dec 2021
  • 28 Nov 2024
    Listed for Rent $585 / week
  • 01 Jul 2024
    Sold for $405,000
  • 19 Jun 2024
    Listed for Sale ENQUIRE NOW | CLICK VIDEO
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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 2011 was 3,743 people. By 2016 the population was 5,511 showing a population growth of 47.2% 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 2011, 38.9% of the homes in West Melbourne were owner-occupied compared with 34.5% in 2016.

West Melbourne has 7,580 properties. Over the last 5 years, Houses in West Melbourne have seen a -31.59% decrease in median value, while Units have seen a -15.79% decrease. As at 31 January 2025:

  • The median value for Houses in West Melbourne is $977,842 while the median value for Units is $491,069.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 33 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.