OFF MARKET

509/423-435 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 509/423-435 Spencer St, West Melbourne

509/423-435 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2017.

Building Type
Unit
Year Built
2017
Local Government
Melbourne

Last Listing description (January 2023)

Situated in the heart of West Melbourne is the 423 Spencer Street development. Featuring this elegant and functional one-bedroom double storey apartment.

The first floor features open plan living with floor to ceiling windows, filling this contemporary apartment with light. The modern kitchen is equipped with sleek benchtops, quality appliances including gas cook top and dishwasher. Also includes an integrated washing machine for your convenience.

The spiral staircase will take you up into the warm and cosy bedroom which also includes large windows for extra light, neutral coloured carpet and a spacious built in robe. Along with a separate and functional study the upstairs is serviced by a modern bathroom complete with quality fittings and fixtures.

The location places you within close proximity of hospitals, public transport and educational institutions. The chance to enjoy exceptional apartment living in the heart of Melbourne is here. Book your inspections now.

BOOKING AN INSPECTION
All of our available inspection times are displayed below and you can register yourself for an inspection using our online booking system. If you can't make the listed inspection time or if no times are displayed, please register your interest and we will notify you as soon as an inspection time becomes available.

APPLYING FOR THIS PROPERTY
We have a strict 'inspect before apply' policy for all of our rental properties. You must either inspect the property yourself or have someone attend on your behalf. We only accept online applications through 2Apply and the application code will be provided to you at the inspection.

Property History for 509/423-435 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
$430/w
12 Jan 2023
  • 06 Jan 2023
    Listed for Rent - Price not available
  • 25 Nov 2019
    Listed for Rent $420 / week
  • 14 May 2018
    Listed for Rent $370 / week
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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 7,492 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 43 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 299 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.