OFF MARKET

1902/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 2 Sep 2024
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Property Details for 1902/393 Spencer St, West Melbourne

1902/393 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2019. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
2019
Local Government
Melbourne
Lot/Plan
1902/PS801387

Last Listing description (August 2022)

**Under Application, OFI cancelled**
**Under Application, OFI cancelled**

Ideally positioned between the bustling CBD and the vibrant waterfront, this apartment offers unrivalled, never-to-be-built-out vistas in every direction, from the morning light over the bay to the twinkling cityscape at night. Open-plan living area extends via a balcony with spectacular views. Well positioned kitchen equipped with stainless steel appliances and plenty of cupboard space. Spacious bedrooms offer BIR's and City views. Other features Features: - Secure video entrance - Open plan living and dining with adjacent balcony - Kitchen with gas cooktop and dishwasher - Sparking bathroom - European Laundry - Split system air conditioning - On site Building Manager - Building Facilities including gym, pool, cinema and resident lounge areas - NBN connection - Basement parking

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Property History for 1902/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$676,600
05 Dec 2016
Listed for Rent
$580/w
10 Aug 2022
  • 04 Aug 2022
    Listed for Rent - Price not available
  • 05 Dec 2016
    Sold for $676,600

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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.

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