592 Spencer StreetWest Melbourne VIC 3003
Property Details for 592 Spencer St, West Melbourne
592 Spencer St, West Melbourne is a 3 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 143m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (January 2022)
Melding timeless period elegance with easy comfort and exciting prospects, this three-bedroom Victorian terrace embraces an effervescent city-fringe lifestyle. Situated in vibrant surrounds, the home is set among Errol Street's scrumptious eateries and lively nightlife, public transport, the Queen Vic Market, Flagstaff Gardens, Docklands, and the CBD, while minutes from prestigious universities and the esteemed University High School.
Beneath soaring 11-foot ceilings, the home flaunts its enchanting Victorian era with a scattering of cast iron-fireplaces, broad cornicing. and ornate roses. Promoting a sunny indoor-outdoor lifestyle, a large living room hosts family and friends, enriched by a spacious kitchen and north-facing gardens. Each bedroom enjoys yesteryear's lavish dimensions, including a ground-floor guest suite and two upstairs bedrooms with a central study zone. Complete with a family bathroom and a separate laundry, the offers immediate comfort while tempting a luxurious renovation or extension (subject to council approval).
Property History for 592 Spencer St, West Melbourne, VIC 3003
- 14 Dec 2021Sold for $1,260,000
- 29 Oct 2021Listed for Sale $1,200,000 - $1,250,000
- 07 Aug 2004Listed for Sale 400000+
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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.
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