OFF MARKET

2/544 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 18 Nov 2024
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Property Details for 2/544 Spencer St, West Melbourne

2/544 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (July 2022)

Level 2/512-544 Spencer St, West Melbourne

Project description:

The Marker takes a significant step forward in the evolution of West Melbourne. A statement of quality, livability and scale, to shape the urban fabric of an historic neighborhood.

The first edition, Stanley & Spencer, is perfectly positioned to take advantage of a landmark location with design that exemplifies a more advanced approach to modern living. Distinct architecture is a rarity of proportion and detail, delivering spaces that are personal, adaptive and entirely sophisticated, with comfort at their core.
On the edge of the city and bordering a tranquil, tree-lined neighborhood, the precinct is transforming into a leafy residential borough, with its industrial heritage reimagined for a growing community of urban dwellers. Surrounded by a privilege of Melbournes favorite parks and gardens, the area exudes an unmistakable village vibe.

Surroundings:
ONLY 2.2KM AWAY FROM MELBOURNE CBD! NORTH MELBOURNE AND DOCKLANDS IN MERE MINUTES BY PUBLIC TRANSPORTATION.

Shopping: The District Docklands, Costco Wholesale, Queen Victoria Market and Melbourne Central Shopping Center are just nearby
Transportation: Walking distance to Bus 216, Tram 30/35 and North Melbourne Train Station
Education: Within school zone of Docklands Primary School & University High
Haileybury, West Melbourne, RMIT University and University of Melbourne are all in easy reach
Leisure: Marvel Stadium, NewQuay Square, Flagstaff Gardens, Royal Park and North Melbourne Recreation Reserve
Healthcare: The Royal Melbourne Hospital

Listing Information:

This prestigious 1-Bedroom, 1-Bathroom, 1-Study, 1-Car Space apartment will bring you:

Generous total sized of 62.5sqm
Estimated settlement time: End of 2022
A kitchen equipped with quality appliances, accompanies the spacious zoned living, dining domain and a study, where has access to a balcony. A bedroom with built-in wardrobe and access to the balcony. Along with a contemporary bathroom and European laundry.
Multiple storage areas throughout the whole residence
Secure intercom entry
Secure car space enhances the appeal of this inner-city gem

Whether you are a first home buyer or astute investor looking to add to your growing portfolio, this property is not to be missed. call Ryan Fong on 0491 088 178 NOW to discuss!!

Property History for 2/544 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 19 May 2022
    Listed for Sale Contact Agent

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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 7,488 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 57 properties listed for sale, and 45 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 294 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.