SOLD
Sold on 13 Apr 2024 for $525,000

103/429 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
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Property Details for 103/429 Spencer St, West Melbourne

103/429 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in West Melbourne in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
58m2
Local Government
Melbourne
Lot/Plan
103/PS711838

Last Listing description (January 2023)

Quirky and modern at the fringe of the city, is this double-storey stand-out apartment positioned in the heart of West Melbourne. This apartment offers spectacular city lifestyle in a superb location with breath-taking rooftop views.

This uniquely designed double-storey dwelling offers a contemporary and modern feel layout. The Second story features a well-lit and open-plan living/dining area which expands onto a versatile wintergarden-style balcony, offering extra efficiency in being a wind, noise and weather proof outdoor space throughout all the seasons.

A convenient and well-appointed European kitchen with stone bench tops, glass splash back, gas cook-top and stainless-steel appliances as well as ample storage space throughout.

Comprising of 2 spacious internal bedrooms and a large master bedroom with abundant natural light & mirrored built in robe. A well-appointed bathroom and a powder room, a modern European Laundry and split system heating and cooling unit.

Building features include access to a breathtaking rooftop terrace with an outdoor entertainment and BBQ area offering 360-degree views of the bay, Docklands. Also featuring Secure basement parking (car stacker), bicycle storage, lift access & secure video-intercom entry.

Conveniently located only a short walk away from Melbourne's iconic Flagstaff Gardens, Queen Victoria Market, Docklands, Harbour town, Melbourne & RMIT University, Flagstaff Station and Southern Cross station both footsteps away, bus stops right at your doorstep and easy access to trams.

Use this link to APPLY NOW!! - https://our.property/2m

Property History for 103/429 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$525,000
13 Apr 2024
Listed for Rent
$600/w
04 Jan 2023
  • 13 Apr 2024
    Sold for $525,000
  • 04 Jan 2023
    Listed for Rent $600 / week
  • 12 Oct 2021
    Listed for Rent $399 / 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 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 7,555 properties. Over the last 5 years, Houses in West Melbourne have seen a 28.71% increase in median value, while Units have seen a -4.28% decrease. As at 31 July 2024:

  • The median value for Houses in West Melbourne is $1,446,690 while the median value for Units is $517,290.
  • Houses have a median rent of $690 while Units have a median rent of $591.
There are currently 51 properties listed for sale, and 26 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 317 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.