OFF MARKET

313/377 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 313/377 Spencer St, West Melbourne

313/377 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Melbourne

Last Listing description (April 2021)

From the spectacular views to the interior design and the once-in-a-lifetime location, every element of Melbourne Village celebrates sophisticated Melbourne living.

Ideally positioned between the bustling CBD and the vibrant waterfront, Melbourne Village offers unrivalled, never-to-be-built-out vistas in every direction, from the morning light over the bay to the twinkling cityscape at night.


The stunning interiors of Melbourne Village have been designed with a meticulous approach to materiality, functionality and craftsmanship. These are residences of grand spaces and fine details, providing a sense of sanctuary and serenity over the bustling streets of the city.

The design of each residence balances practicality and luxury, from the intelligent use of space and storage to the premium level of fixtures and finishes. In every way, these are homes that impress on every level.


FACILITIES:

25m indoor pool surrounded by captivating views of the city and bay.
Gym and Wellness room - Complete with cardio and weights accommodating for group classes or solo training.
Cinema Room - Screening big sporting matches and karaoke.
Central Garden - A tranquil spot to relax and unwind or entertain family/friends.
Library lounge - An ideal spot to disconnect from the craziness of life and relax.
Business lounge - Providing an exclusive workplace for residents (Free Wifi access available!).
Visitor Parking and storage cages.
BBQ facilities and bookable spaces.
Bike Storage.

Property History for 313/377 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
  • 05 Mar 2020
    Listed for Sale $598,800

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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.

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.