OFF MARKET

511/420 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 511/420 Spencer St, West Melbourne

511/420 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 2021)

Great location! 1 bedroom apartment $410/week

"Spencer Melbourne" is one of the best locations inside the city, with living in the building, youll own the convenience of walking to Melbourne Central, Emporium, QV, Queen Victoria Market, Melbourne University and RMIT. The bus stop is right down the building and trams are within the free tram zone. The Spencer Apartment will definitely impress you as living in here is with everything that Melbourne has to offer right at your door step.

This apartment combines with:

Large bright living room featuring beautiful timber floors
Modern kitchen with dishwasher, gas stove, oven and plenty of cupboard space.
Floor to ceiling windows with perfect view
Stylish bathroom with functional mirror cabinet
European Laundry
Large bright bedroom with built in robe
Reverse cycle heating and cooling air conditioning
Security intercom

Apartments Facilities Include:
-Indoor Swimming Pool
-Gym
-Outdoor BBQ Area with Beautiful Sky Gardens
-Theater Rooms
-Luxury Lounge Areas with Fully Equipment Kitchen
-Meeting Rooms and Function Spaces

700 meters to Southern Cross and 100 meters to Flagstaff Gardens train stations
Walking distance to Melbourne University and RMIT
Walking distance to Melbourne CBD
300 meters to Queen Victoria Market

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Property History for 511/420 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Listed for Rent
02 Oct 2017
  • 16 Apr 2020
    Listed for Rent $279 / 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 7,501 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 37 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 300 properties were sold in the past 12 months in West melbourne.

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