SOLD
Sold on 15 Apr 2024 for $415,000

1504/392 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 63m2
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Property Details for 1504/392 Spencer St, West Melbourne

1504/392 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 63m2 and floor size of 55m2. 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
2017
Floor Size
55m2
Land Size
63m2
Local Government
Melbourne
Lot/Plan
1504/PS746007

Last Listing description (August 2024)

Set to impress on the very cusp of the CBD, this light-filled 2 bedroom apartment offers the very best in security, convenience and lifestyle. Zoned to the highly prized University High and North Melbourne Primary Schools, simply stroll to Queen Victoria Market, the Docklands precinct, Flagstaff Gardens, universities, eateries, free city trams and Southern Cross and Flagstaff trains.

Roomy open-plan living and dining is placed alongside a chef-friendly kitchen showcasing stone surfaces, an inviting breakfast bar and the full complement of high-performing Smeg appliances including a dishwasher. Superbly placed in a coveted corner position on the 15th floor of the sought-after Bond Quarter building, slide open floor-to-ceiling glass and spill outside to a sheltered balcony featuring panoramic views sweeping across Marvel Stadium towards the Docklands neighbourhood with a sizeable glimpse of Victoria Harbour. The sunlit and generously sized bedrooms are serviced by built-in robes and a fully tiled bathroom boasting a fully tiled rainfall shower area and mirrored cabinetry.

Take advantage of undercover parking, Euro-style laundry, split-system heating and cooling, block-out blinds, timber floorboards, designer lighting and secure intercom entry. Market entrants will appreciate the value, while keen investors can pocket the reliable returns. Inspect with confidence!

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Property History for 1504/392 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$415,000
15 Apr 2024
Listed for Rent
$675/w
13 Aug 2024
  • 24 Jun 2024
    Listed for Rent $675 / week
  • 15 Apr 2024
    Sold for $415,000
  • 30 Nov 2020
    Sold for $427,000
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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 7,490 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.86% decrease in median value, while Units have seen a -13.07% decrease. As at 31 October 2024:

  • The median value for Houses in West Melbourne is $1,222,199 while the median value for Units is $498,499.
  • Houses have a median rent of $660 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 40 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.

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.