598 Spencer StreetWest Melbourne VIC 3003
Property Details for 598 Spencer St, West Melbourne
598 Spencer St, West Melbourne is a 3 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 150m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (April 2021)
Built on a solid bluestone foundation and flaunting remnants of its Victorian era, this 3-bedroom terrace offers an exciting future. Once charming and in need of a top-to-toe renovation to propel it into todays luxurious standards, the home presents a chance to realise your city-fringe lifestyle dreams. Zoned for University High School and surrounded by public transport, the home nurtures an effervescent city-fringe lifestyle amid an endless array of shopping, cafs, restaurants, bars, recreation, and universities.
Reminiscing its glorious Victorian days with ceiling rosettes and open fireplaces, the home exudes character and charm beneath high 10-foot ceilings. A workable layout offers exciting inspiration with a generous living area, dedicated dining room, and an updated kitchen, stretching into a private courtyard. Finished with three king-sized bedrooms, the home delivers instant comfort today while planning for tomorrows lavish renovation.
Property History for 598 Spencer St, West Melbourne, VIC 3003
- 15 Feb 2021Sold for $1,100,000
- 28 Jan 2021Listed for Sale $1,125,000
- 01 Dec 2008Transferred
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0About 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 7,566 properties. Over the last 5 years, Houses in West Melbourne have seen a 11.70% increase in median value, while Units have seen a -5.56% decrease. As at 31 August 2024:
- The median value for Houses in West Melbourne is $1,228,041 while the median value for Units is $519,370.
- Houses have a median rent of $693 while Units have a median rent of $592.
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