OFF MARKET

106/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 80m2
Land area: 841m2
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Last updated 16 Dec 2024
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Property Details for 106/392 Spencer St, West Melbourne

106/392 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2018. The property has a land size of 841m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2018
Floor Size
80m2
Land Size
841m2
Local Government
Melbourne
Lot/Plan
106/PS746007

Last Listing description (July 2019)

Situated right on the vibrant Spencer St on the Western Edge of Melbourne CBD and only about one year new, Bond Quarter, being a boutique residential tower, has been providing its residents with fantastic convenience and high-quality living standards in this one of the most sought after locations.

Located in the historic part of Level 1, Apartment 106 is comprised of a massive size of close to approximately 95sqm of living space, sleek modern kitchen equipped with SMEG appliances and multi-functional island bench, spacious master bedroom with ensuite and BIRs, second double bedroom with own study nook, main bathroom, separate work station, separate Euro laundry and a massive outdoor terrace for entertaining. And with the lovely North-Western aspect, the corner apartment is flooded with natural light inside out.


Also features: high ceiling, timber floor boards, split system air-conditioning, intercom system and one car park on title plus a storage cage.

Built on the existing faade, Bond Quarter Tower has inherited the historical architecture and successfully matched the local style of neighbourhood surroundings. Positioned on the edge of Melbourne CBD, it is within walking distances to a series of best facilities, such as Flagstaff Gardens, multiple tram lines, Southern Cross Train Station, Queen Victoria Market, Crown Complex, and most appealingly, it is well within the zone of some of Melbournes best schools and universities, such as Melbourne University, RMIT, the exclusive Melbourne Uni High and Haileybury College Campus.

Inspection by appointment.

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Property History for 106/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$689,000
26 Jun 2019
  • 26 Jun 2019
    Sold for $689,000
  • 24 Jun 2019
    Listed for Sale Private Sale: Contact Agent
  • 19 Feb 2019
    Listed for Sale Offers Welcome!!!
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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 7,568 properties. Over the last 5 years, Houses in West Melbourne have seen a -9.58% decrease in median value, while Units have seen a -15.06% decrease. As at 30 November 2024:

  • The median value for Houses in West Melbourne is $1,134,300 while the median value for Units is $489,911.
  • Houses have a median rent of $660 while Units have a median rent of $600.
There are currently 52 properties listed for sale, and 28 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 301 properties were sold in the past 12 months in West melbourne.

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