SOLD
Sold on 14 Apr 2024 for $575,000

105/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 100m2
Sold By
MICM Real Estate
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Property Details for 105/392 Spencer St, West Melbourne

105/392 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 100m2 and floor size of 79m2. 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
2018
Floor Size
79m2
Land Size
100m2
Local Government
Melbourne
Lot/Plan
105/PS746007

Last Listing description (April 2024)

Immaculately maintained under towering 4 metre high ceilings, this ultra-stylish 2 bedroom, 2 bathroom (plus study zone) apartment is expertly designed to maximise space, light and comfort. Venture downstairs from your first-floor retreat and the city-edge location speaks for itself. Simply stroll to Queen Victoria Market, the Docklands precinct, Marvel Stadium, Flagstaff Gardens, free city trams, Southern Cross trains, dining choice, Melbourne University, RMIT, Haileybury College and key zoning to University High and North Melbourne Primary Schools. This one will impress!

A stone-topped kitchen showcases a mirrored splashback, breakfast bar, a pull-out pantry, twin sinks and the full complement of integrated Smeg appliances including a dishwasher and an easy-clean electric cooktop. Roomy open-plan living and dining is enhanced by vaulted ceilings and full-height windows directing natural light to every far-reaching corner. Elevated to perfection in the heritage-listed Bond Quarter building, spill outside to a vast terrace privately overlooking Spencer Street. This serene alfresco space is framed by the original and exposed red brick, making it an elegant spot for a weekend breakfast.

Add a professional touch to your work day with a sizeable study zone boasting a sleek workspace with storage solutions. Both mirror-robed bedrooms are sunlit and substantial in size with the master suite featuring a luxe ensuite highlighted by a fully tiled rainfall shower area, while the other bedroom is graced with a study nook. The primary bathroom stands out with mirrored cabinetry, floor-to-ceiling tiles and a rainfall shower fitting.

Take full advantage of secure car parking, a storage cage, concealed laundry, split-system heating and cooling, double glazing, roller blinds, a welcoming entrance hallway, lightly toned oak flooring, video intercom entry and designer lighting including exquisite pendants over the breakfast bar. Inspect to be impressed!

Outgoings:
Council Rates: $307.00 per quarter approx.
Water Rates: $160.00 per quarter approx.
Owners Corporation Fees: $2,280.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 105/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$575,000
14 Apr 2024
Listed for Rent
$450/w
24 Nov 2021
  • 14 Apr 2024
    Sold for $575,000
  • 23 Jan 2024
    Listed for Sale Not Disclosed
  • 31 Aug 2021
    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 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 7,505 properties. Over the last 5 years, Houses in West Melbourne have seen a 4.73% increase in median value, while Units have seen a -7.21% decrease. As at 30 September 2024:

  • The median value for Houses in West Melbourne is $1,191,558 while the median value for Units is $515,858.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 33 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 315 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.