5/320 Spencer StreetWest Melbourne VIC 3003
Property Details for 5/320 Spencer St, West Melbourne
5/320 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2000. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2005.
Last Listing description (June 2024)
Stunning two-bedroom loft apartment on the fringe of Melbourne CBD.
- Master bedroom with wall of built-in robes
- Generous second bedroom with additional storage
- Spacious open plan living with electric heating, ceiling fan and stylish brick feature
wall
- Modern kitchen with eye-catching red cabinetry, stainless steel appliances,
including gas stove top and dishwasher
- Sleek bathroom with floor-to-ceiling tiles, separate bath, and frameless walk-in
shower with oversized shower head
- Secure entrance with intercom
Ideally located within walking distance of Southern Cross and Flagstaff Train Stations, various tram routes (including the free City Circle trams), Queen Victoria Market, the beautiful Flagstaff Gardens, not to mention the countless dining and shopping options Melbourne CBD has on offer.
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Property History for 5/320 Spencer St, West Melbourne, VIC 3003
- 08 May 2024Listed for Rent $600 / week
- 13 Jan 2023Listed for Rent $525 / week
- 06 Dec 2018Listed for Rent - Price not available
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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 7,502 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.
Suburb Insights for West Melbourne 3003
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