OFF MARKET

510/429 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
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Property Details for 510/429 Spencer St, West Melbourne

510/429 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
Unit
Year Built
2015
Floor Size
60m2
Local Government
Melbourne
Lot/Plan
511/PS711838

Last Listing description (November 2022)

**INSPECTION BY APPOINTMENT ONLY.

Situated right on the edge of CBD and in the centre of trendy West Melbourne, with walking distance to Latrobe Tram lines, Southern Cross Train Station and Docklands amenities, this lovely apartment is now available for you to own either a great investment or a first home have a very fresh start for your real estate experience.


Full of natural light and overlooking toward City with fantastic views, this furnished modern apartment features two levels of living space. Downstairs are the open plan living, fully equipped kitchen with meals area, cupboard laundry and winter garden style balcony.

Upstairs are the main bedroom with BIRs, stylish bathroom and a separate study/single bedroom.

Also features timber floorboards, air-conditioning and intercom system.

The boutique building has a communal roof top terrace exclusively for residents with magnificent views towards City, Docklands and far beyond.

With No 216 Bus Stop right on the front and multiply public transports all within walking distance, the property is no doubt a rare opportunity no one should miss out.

***Note: Due to the rapidly evolving COVID-19, all clients must register with agent prior to inspect this property. We kindly request all clients to minimise contact and proximity of the agent and all other parties in attendance:

Please follow the social distance rule imposed by the Australian government to keep 1.5 meter distance from each parties
Please refrain from touching surfaces within the property where possible

We also request you refrain from attending an inspection appointment if you:

Have travelled to overseas in the last 14 days or agreed to any self-isolation conditions
Tested positive, or are unwell which includes signs of but not limited to - mucus from the nose, coughing or sneezing, sore throat or high temperature
Recently been in contact with someone diagnosed with Coronavirus

We thank you for your cooperation.

Property History for 510/429 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$372,000
07 May 2013
  • 03 Mar 2020
    Listed for Sale $320,000-$350,000
  • 07 May 2013
    Sold for $372,000

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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.